Taiwan’s Wisdom Marine Lines proposes NT$1.2 billion three-year bonds

By Marisa Wong

Morgantown, W.Va., July 28 – Wisdom Marine Lines Co., Ltd. plans to issue up to NT$400 million of three-year secured corporate bonds and up to NT$800 million of three-year unsecured corporate bonds, according to Taiwan Stock Exchange notices.

The company’s board of directors approved the proposed issuance on Friday.

The bonds will be issued at par with a coupon of 0%.

SinoPac Securities Corp. will be the underwriter.

The ship leasing and marine transportation company is based in Taipei, Taiwan.

© 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.