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Published on 10/15/2015 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Taiwan-based CTBC’s Taiwan Life subsidiary to redeem some preferreds

By Marisa Wong

Morgantown, W.Va., Oct. 15 – CTBC Financial Holding Co., Ltd. announced that subsidiary Taiwan Life Insurance Co., Ltd. will redeem NT$580 million of its preferred shares A.

The company said the preferreds are callable five years after their issuance.

The bank holding company is based in Taipei, Taiwan.


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