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Taiwan’s Taishin Financial eyes NT$8 billion seven- to 15-year bonds
By Marisa Wong
Morgantown, W.Va., Aug. 31 – Taishin Financial Holding Co. said it plans to issue up to NT$8 billion of subordinated corporate bonds in one or more tranches with maturities of seven to 15 years.
The bonds will be offered at par.
Proceeds from the public offering will be used to redeem the company’s 2010 first and second issues of subordinated corporate bonds.
The bank holding company is based in Taipei, Taiwan.
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