By Marisa Wong
Madison, Wis., June 11 - Fubon Financial Holding Co. announced the issue of NT$7 billion of corporate bonds in two tranches.
Fubon Financial priced NT$2 billion of five-year bonds and NT$5 billion of seven-year bonds at par.
The five-year bonds have a coupon of 1.35%, and the seven-year bonds have a coupon of 1.45%.
This is the company's first issue of corporate bonds in 2012.
Proceeds will be used to strengthen the company's working capital and capital structure.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Fubon Financial Holding Co.
|
| Issue: | Corporate bonds
|
| Amount: | NT$7 billion
|
| Underwriter: | None
|
| Announcement date: | April 27
|
| Settlement date: | June 11
|
|
|
| Five-year bonds
|
| Amount: | NT$2 billion
|
| Maturity: | 2017
|
| Coupon: | 1.35%
|
| Price: | Par
|
| Yield: | 1.35%
|
|
|
| Seven-year bonds
|
| Amount: | NT$5 billion
|
| Maturity: | 2019
|
| Coupon: | 1.45%
|
| Price: | Par
|
| Yield: | 1.45%
|
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