Taiwan’s Mega Financial plans up to NT$6 billion exchangeable bonds

By Marisa Wong

Madison, Wis., Nov. 26 – Mega Financial Holding Co. Ltd. announced it plans to issue up to NT$6 billion of domestic exchangeable bonds.

The bonds have a tentative maturity of three years. Pricing has yet to be determined.

Proceeds will be used to repay loans and as working capital.

This will be Mega’s second issue of domestic exchangeable bonds.

The Taipei-based issuer specializes in commercial and retail lending, venture capital investments, international trade finance, securities dealing, trust services and property/casualty insurance.

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