Chicago, March 15 – Highwealth Construction Corp. sold NT$2 billion of 0.9% secured corporate five-year bonds in a public offering, according to a notice.
The non-call notes were sold at par.
Bank Taiwan Securities Co., Ltd. is the underwriter.
Taiwan Business Bank, Ltd. is guaranteeing the notes.
Proceeds will be used to repay loans.
Based in Taipei City, Taiwan, Highwealth develops and sells residential and commercial buildings.
| Issuer: | Highwealth Construction Corp.
|
| Amount: | NT$2 billion
|
| Guarantor: | Taiwan Business Bank, Ltd.
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| Issue: | Secured corporate bonds
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| Tenor: | Five years
|
| Bookrunners: | Bank Taiwan Securities Co., Ltd.
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| Trustee: | Bank of Taiwan Co., Ltd.
|
| Coupon: | 0.9%
|
| Price: | Par
|
| Yield: | 0.9%
|
| Call features: | No call
|
| Announcement date: | March 15
|
| Distribution: | Taiwan public
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