By Jennifer Chiou
New York, Oct. 5 - Fubon Financial Holdings Co. Ltd. announced the issue of NT$900 million of financial debentures on behalf of Taipei Fubon Bank.
The 10-year debentures priced at par with a coupon of 1.55%.
Proceeds will be used to meet mid- or long-term funding needs or to raise the BIS ratio.
This is the bank's seventh issue of financial debentures in 2010.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Taipei Fubon Bank
|
| Issue: | Corporate debentures
|
| Amount: | NT$900 million
|
| Maturity: | Oct. 10, 2020
|
| Coupon: | 1.55%
|
| Price: | Par
|
| Yield: | 1.55%
|
| Pricing date: | Oct. 5
|
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