Taiwan’s Shin Kong Life plans up to NT$6 billion perpetual bonds

By Marisa Wong

Morgantown, W.Va., March 16 – Shin Kong Financial Holding Co., Ltd. announced that Shin Kong Life plans to issue up to NT$6 billion of perpetual cumulative subordinated corporate bonds in 2018.

The bonds may be issued in installments.

Proceeds will be used to increase the company’s qualified capital and enhance its financial structure.

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

© 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.