The Board of Directors resolved to issue unsecured Corporate bonds
From：
SEQ_NO
4
Date of announcement
2018/05/11
Time of announcement
18:07:37
Subject
The Board of Directors resolved to issue
unsecured Corporate bonds
Date of events
2018/05/11
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2018/05/11
2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】:
Far Eastern New Century Corporation 2018 Unsecured Corporate Bond issue.
3.Total amount of the issue:
Not exceeding TWD 8 billion, and to be issued in one lot or installments.
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.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
