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