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>News>Company Announcement> Additional information about the issue of unsecured corporate bonds resolved by the Board of Directors on 11 August 2016
Additional information about the issue of unsecured corporate bonds resolved by the Board of Directors on 11 August 2016
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SEQ_NO

 1

Date of announcement

 2016/09/09

Time of announcement

 15:37:19

Subject

 Additional information about the issue of

unsecured corporate bonds resolved by the Board of

Directors on 11 August 2016

Date of events

  2016/09/09

To which item it meets

paragraph 11

Statement

 

1.Date of the board of directors resolution:NA

2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】:

Far Eastern New Century Corporation 2nd Unsecured Corporate Bond

issue in 2016.

3.Total amount of the issue:TWD 3.8 billion.

4.Face value:TWD 1 million.

5.Issue price:The bond will be issued at par value.

6.Issue period:5 years.

7.Issue coupon/interest rate:Annual fixed coupon rate is 0.72%.

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:Bank SinoPac

12.Underwriter or distributing agent institution:

KGI Securities Co. LTD.

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.Conditions of the investors’put:NA

18.Conditions of the issuer’s call: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

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