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Taiwan's Taishin to sell up to NT$10 billion in seven-year debentures
By Devika Patel
Knoxville, Tenn., March 11 - Taishin Financial Holding Corp. said Taishin Bank will sell up to NT$10 billion in seven-year subordinated financial debentures in 2010.
The coupon, among other terms, will be determined by market conditions.
Proceeds will be used to strengthen capital structure and enhance the bank's capital adequacy ratio.
Taishin is a bank based in Taipei, Taiwan.
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