Taiwan’s Shin Kong plans up to NT$5 billion five-year corporate bonds

By Marisa Wong

Morgantown, W.Va., Feb. 24 – Shin Kong Financial Holding Co., Ltd. announced it plans to issue up to NT$5 billion of five-year corporate bonds.

This will be the company’s first issue of corporate bonds for 2017.

Proceeds will be used to redeem the company’s 2012 second issue convertible bonds at their maturity and to repay bank loans.

Shin Kong is an investment holding company based in Taipei, Taiwan.

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