Chailease lifts corporate bond issuance limit to NT$15 billion

By Rebecca Melvin

Concord, N.H., March 1 – Taiwan’s Chailease Holding Co. Ltd.’s board of directors resolved to issue up to NT$15 billion of fixed-rate unsecured corporate bonds, according to a notice on Tuesday.

The board previously approved issuance of up to NT$8 billion.

The notes, to be issued through Chailease Finance Co. Ltd., will be priced at par and have a maturity of up to 15 years.

Proceeds will be used to repay bank loans, fund capital expenditures for green energy and replenish working capital.

The financial company is based in Taipei, Taiwan.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.