Taiwan Acceptance plans up to NT$10 billion fixed-rate corporate bonds

By Marisa Wong

Morgantown, W.Va., Nov. 6 – Taiwan Acceptance Corp. plans to issue up to NT$10 billion of fixed-rate corporate bonds, according to a notice.

The bonds will have a maturity of up to seven years and will be sold at par.

Proceeds will be used to repay debt and to replenish working capital.

Taiwan Acceptance provides vehicle-related financial services and is based in Taipei, Taiwan.

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