By Lisa Kerner
Charlotte, N.C., Feb. 5 - Taipei Fubon Bank announced its third and fourth issues of unsecured financial debentures in 2010 in the amount of NT$3.55 billion and NT$2 billion in a pair of statements released by Fubon Financial Holding Co.
The third issue is divided into two issues.
Issue A, in the amount of NT$2.05 billion, has a five-year maturity and a fixed interest rate of 1.6%.
Issue B, in the amount of NT$1.5 billion, has a seven-year maturity and a fixed interest rate of 1.8%.
The fourth issue has a fixed interest rate of 2.5% and a 10-year maturity.
Proceeds will be used to meet mid-term or long-term funding needs or to raise the Bank for International Settlement capital adequacy ratio, the company said.
The issuer is a bank based in Taipei, Taiwan.
| Issuer: | Taipei Fubon Bank
|
| Issue: | Third issue of debentures
|
| Amount: | NT$3.55 billion
|
| Announcement date: | Feb. 5
|
|
|
| Issue A
|
| Amount: | NT$2.05 billion
|
| Maturity: | Five years
|
| Coupon: | 1.6%
|
|
|
| Issue B
|
| Amount: | NT$1.5 billion
|
| Maturity: | Seven years
|
| Coupon: | 1.8%
|
|
|
| Issuer: | Taipei Fubon Bank
|
| Issue: | Fourth issue of debentures
|
| Amount: | NT$2 billion
|
| Maturity: | 10 years
|
| Coupon: | 2.5%
|
| Announcement date: | Feb. 5
|
© 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.
