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Published on 10/22/2020 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: Tawian’s CTBC Bank prices NT$1 billion of 0.43% five-year debentures

By Taylor Fox

New York, Oct. 22 – CTBC Bank Co., Ltd. priced NT$1 billion of 0.43% senior financial debentures at par, according to a company announcement.

The proceeds from the debentures will be used to fund the bank’s green and social projects lending.

The bank holding company is based in Taipei, Taiwan.

Issuer:CTBC Bank Co., Ltd.
Description:Senior financial debentures, 2020 first issue
Amount:NT$1 billion
Maturity:Five years
Coupon:0.43%
Price:Par of NT$1 million
Yield:0.43%
Announcement date:Oct. 22

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