Taiwan’s Fubon Financial to price up to NT$20 billion bonds in 2014

By Susanna Moon

Chicago, June 18 – Fubon Financial Holding Co. said it plans to price up to NT$20 billion of subordinated financial debentures at par this year.

The issue period will be at least two years, according to a company notice.

Proceeds will be used to meet the company’s mid- or long-term funding need, to raise the BIS ratio and to strengthen the asset liability structure of the bank.

The coupon will be set based on economic and financial market conditions.

Fubon is a financial services company based in Taipei, Taiwan.

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