Taiwan’s Hua Nan Securities plans up to NT$2.5 billion bonds

By Marisa Wong

Los Angeles, April 22 – Hua Nan Securities Co., Ltd. is planning to issue up to NT$2.5 billion of subordinated corporate bonds with a maturity of up to six years.

The 2020 first issue bonds will be priced at par with a coupon of no more than 1˝%.

Proceeds will be used to enrich working capital and to strengthen the company’s capital structure.

The securities firm is based in Taipei, Taiwan.

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