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Published on 4/19/2023 in the Prospect News Emerging Markets Daily.

New Issue: Taiwan’s Asia Cement issues NT$4 billion 1.6% five-year bonds

Chicago, April 19 – Asia Cement Corp. issued NT$4 billion of 1.6% five-year corporate bonds, according to a notice.

Yuanta Securities Co. Ltd. was the agent.

The sale of the bonds was conducted via a public offering.

Proceeds will be used to repay loans.

Asia Cement is a Taipei City, Taiwan-based manufacturer of cement, clinker and ground granulated blast-furnace slag.

Issuer:Asia Cement Corp.
Amount:NT$4 billion
Issue:Bonds
Tenor:Five years
Bookrunner:Yuanta Securities Co. Ltd.
Trustee:Chinatrust Commercial Bank
Coupon:1.6%
Price:Par
Yield:1.6%
Settlement date:April 19
Distribution:Public

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