E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers H > Headlines for Hua Nan Commercial Bank > News item
Published on 3/13/2015 in the Prospect News Emerging Markets Daily.

Taiwan’s Hua Nan Bank plans NT$10 billion perpetual debentures

By Marisa Wong

Madison, Wis., March 13 – Hua Nan Bank plans to price NT$10 billion of non-cumulative perpetual subordinated financial debentures, according to a Taiwan Stock Exchange notice.

The perpetual securities will be issued at par.

The Taipei, Taiwan-based bank aims to use proceeds for long-term and stable funding and to improve its capital structure.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.