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Fitch rates Far Eastern International bonds A-(twn)
Fitch Ratings said it assigned a national long-term rating of A-(twn) to Far Eastern International Bank's proposed NT$3 billion seven-year subordinated bonds.
The subordinated bonds carry a fixed coupon rate of 1¾% and will mature June 27, 2019. The bond issue is aimed at enhancing the bank's capitalization, Fitch said.
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