By Marisa Wong
Madison, Wis., July 7 – Shin Kong Financial Holding Co., Ltd. announced it priced NT$3 billion of five-year bonds at par to yield 1.42%.
This is Shin Kong’s first issue of corporate bonds for 2015.
Proceeds will be used to redeem the company’s 2008 second issue subordinated bonds at their maturity.
The bank holding company is based in Taipei, Taiwan.
| Issuer: | Shin Kong Financial Holding Co., Ltd.
|
| Issue: | Corporate bonds
|
| Amount: | NT$3 billion
|
| Maturity: | Five years
|
| Coupon: | 1.42%
|
| Price: | Par
|
| Yield: | 1.42%
|
| Announcement date: | July 7
|
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