The Board of Directors resolved to issue unsecured Corporate bonds
From：
SEQ_NO
1
Date of announcement
2016/08/11
Time of announcement
17:39:43
Subject
The Board of Directors resolved to issue
unsecured Corporate bonds
Date of events
2016/08/11
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2016/08/11 2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】: Far Eastern New Century Corporation 2016 Unsecured Corporate Bond issue. 3.Total amount of the issue: Not exceeding TWD 8 billion, and to be issued in one lot or installments within one year after the date being approved by the Board. 4.Face value:TWD 1 million or integral multiples of TWD 1 million. 5.Issue price:The bonds will be issued at par value. 6.Issue period:Up to 10 years. 7.Issue coupon/interest rate:Depending on the bond market condition, the Board authorized the Chairman to approve the coupon rate. 8.Types, names, monetary amounts of security or collateral and stipulations thereupon:NIL 9.Use of the funds raised by the offering and utilization plan: To pay off short-term borrowings or current portion of long-term liabilities and provide cash to meet medium and long-term financing needs from the Company, in order to improve overall financial structure. 10.Underwriting method:Public offering. 11.Trustees for the bonds:The Board authorized the Chairman to approve. 12.Underwriter or distributing agent institution: The Board authorized the Chairman to approve. 13.Guarantor(s) for the issue:NIL 14.Institution serving as agent for payment of the principal and interest: Far Eastern International Bank 15.Certifying institution:NIL 16.Where convertible into shares, the rules for conversion:NA 17.Resale conditions:NA 18.Repurchase conditions:NA 19.The record date for share conversion, if conversion, exchange, or subscription rights are attached:NA 20.Possible dilution of equity, if conversion, exchange, or subscription rights are attached:NA 21.Any other matters that need to be specified:NIL
