Taiwan’s CTBC plans to issue up to NT$9 billion of debentures

By Susanna Moon

Chicago, July 25 – CTBC Holding said it plans to issue up to NT$9 billion of unsecured financial debentures on behalf of CTBC Bank in 2014.

The notes will be issued at par and have a maturity of at least two years, according to a company notice.

Proceeds will be used to support loan business and to enhance the medium- and long-term liquidity.

CTBC is a privately owned bank based in Taipei, Taiwan.

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