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