Taiwan's E. Sun to boost capital in 2010 with NT$4 billion bond issue

By Lisa Kerner

Charlotte, N.C., Jan. 28 - E. Sun Financial Holding Co., Ltd. announced it will issue NT$4 billion unsecured corporate bonds in 2010.

The bonds will have maturities ranging from seven to 10 years.

Interest will be based on market conditions, according to a company news release.

E. Sun said proceeds will be used to strengthen working capital and its capital structure.

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

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