Shin Kong plans NT$3 billion subordinated financial debentures

Chicago, April 19 – Taiwan’s Shin Kong Financial Holding Co., Ltd. is considering an issue of NT$3 billion subordinated financial debentures, according to a notice.

This would be the first issue for Shin Kong in 2023.

The bonds will not be discounted.

Proceeds will be used for strategic needs and to strengthen the issuer’s financial structure.

An underwriter has not been selected yet.

Shin Kong is an investment holding company based in Taipei, Taiwan.

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