Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Taichung Commercial Bank > News item |
Fitch rates Taichung Commercial Bank bond A-(twn)
Fitch Ratings said it assigned an A-(twn) national long-term rating to Taichung Commercial Bank's proposed seven-year NT$900 million subordinated bond issue, which carries a floating coupon rate and will mature on June 25, 2017.
This issue is rated one notch below the bank's national long-term rating of A(twn) with a negative outlook, which is in compliance with the agency's rating criteria on subordinated bond instruments of financial institutions.
© 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.