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Taiwan Cooperative Financial plans up to NT$10 billion bonds
By Marisa Wong
Los Angeles, April 26 – Taiwan Cooperative Financial Holding Co., Ltd. plans to issue up to NT$10 billion of bonds in one or more tranches, according to a notice.
The bonds will have maturities of up to 10 years and will be sold at par.
Funds will be used to repay outstanding commercial paper.
The bank holding company is based in Taipei, Taiwan.
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