Taiwan High Speed plans NT$10 billion bonds with up to 30-year tenor

By Rebecca Melvin

Concord, N.H., April 14 – Taiwan High Speed Rail Corp. plans to sell in a public offering up to NT$10 billion of bonds with a maturity of no more than 30 years, according to a company notice.

The proceeds will be used for capital expenditures, to replace equipment, to repay debt and to enhance capital.

Bookrunners for the issuance have not yet been selected.

The high-speed railway operator is based in Taipei, Taiwan.

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