By Marisa Wong
Morgantown, W.Va., Dec. 29 – Taiwan Acceptance Corp. priced NT$2.1 billion of 0.85% three-year corporate bonds at par, according to a notice.
Mega Securities Co., Ltd. is the underwriter.
The bonds will count as the company’s first issue of corporate bonds for 2018.
Proceeds will be used to repay debt.
Taiwan Acceptance provides vehicle-related financial services and is based in Taipei, Taiwan.
| Issuer: | Taiwan Acceptance Corp.
|
| Issue: | Corporate bonds, 2018 first issue
|
| Amount: | NT$2.1 billion
|
| Maturity: | Three years
|
| Underwriter: | Mega Securities Co., Ltd.
|
| Coupon: | 0.85%
|
| Price: | Par
|
| Yield: | 0.85%
|
| Call option: | None
|
| Put option: | None
|
| Announcement date: | Dec. 29
|
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