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Prospect News home > News index > List of issuers B > Headlines for Bank SinoPac > News item
Published on 10/25/2019 in the Prospect News Emerging Markets Daily.

Taiwan’s Bank SinoPac eyes NT$15 billion financial debentures

By Sarah Lizee

Olympia, Wash., Oct. 25 – SinoPac Financial Holdings Co., Ltd. said subsidiary Bank SinoPac plans to issue up to NT$15 billion, or its equivalent in other currencies, of financial debentures, according to a Taiwan Stock Exchange announcement.

Proceeds will be used to improve the bank’s capital ratio and provide mid- to long-term funding.

SinoPac is a Taipei, Taiwan-based banking and securities company.


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