E.Sun Financial plans to issue up to NT$9 billion of corporate bonds

By Mary-Katherine Stinson

Lexington, Ky., Aug. 25 – E.Sun Financial Holding Co. plans to issue up to NT$9 billion of unsecured corporate bonds, according to a notice.

Once gaining FSC approval, the bonds must be issued within two years.

The issuance period is no more than 15 years.

Proceeds would be used to increase working capital and repay debt.

Based in Taipei, Taiwan, E.Sun is part of the E.Sun Group of financial and insurance companies.

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