New York, April 12 – Taiwan Mobile Co., Ltd. priced NT$15 billion of corporate bonds in five- and seven-year tranches, according to an announcement.
The company sold NT$6 billion of the five-year bonds with a 0.848% coupon and NT$9 billion of the seven-year bonds with a 1% coupon.
Both parts of the deal were sold at par.
Yuanta Securities Co., Ltd. was the lead underwriter.
Proceeds will be used to repay debt.
Taiwan Mobile is a Taipei, Taiwan-based telecommunications company.
| Issuer: | Taiwan Mobile, Co., Ltd.
|
| Issue: | Corporate bonds
|
| Amount: | NT$15 billion
|
| Lead underwriter: | Yuanta Securities Co., Ltd.
|
| Announcement date: | April 12
|
|
|
| Five-year bonds
|
| Amount: | NT$6 billion
|
| Maturity: | Five years
|
| Coupon: | 0.848%
|
| Price: | Par
|
|
|
| Seven-year bonds
|
| Amount: | NT$9 billion
|
| Maturity: | Seven years
|
| Coupon: | 1%
|
| Price: | Par
|
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