The Board of Directors resolved to issue unsecured Corporate bonds
From:
SEQ_NO
6
Date of announcement
2022/03/08
Time of announcement
18:16:08
Subject
The Board of Directors resolved to issue
unsecured Corporate bonds
Date of events
2022/03/08
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/08
2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]:
Far Eastern New Century Corporation Unsecured Corporate Bond
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued: Not exceeding TWD 8 billion (or equivalent amount of any foreign currency),
and to be issued in one lot or installments.
5.Face value per bond: TWD 1 million or integral multiples of TWD 1 million (or different amount
if foreign currency denominated).
6.Issue price: The bonds will be issued at par value.
7.Issuance period:Up to 10 years.
8.Coupon rate: Depending on the bond market condition, the Board authorized the Chairman to approve the coupon rate.
9.Types, names, monetary values and stipulations of collaterals:Nil
10.Use of the funds raised by the offering and utilization plan: The Company planned to issue corporate
bonds to (1) 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 or its foreign subsidiaries, in order to improve overall
financial structure; or (2) meet the green and/or social investment projects of the Company or its lending
subsidiaries, or to reimburse the loans required by the aforementioned projects, or to comply with the term
“sustainable bonds” accredited in the Operation Directions for Sustainable Bonds by TPEx, which will uplift
the Company's long-term operation in order to achieve the corporate sustainable goal in practice of being
environmental friendly and prospering with the society.
11.Underwriting method:Public offering.
12.Trustees of the corporate bonds: The Board authorized the Chairman to approve.
13.Underwriter or agent: The Board authorized the Chairman to approve.
14.Guarantor(s) for the issuance:Nil
15.Agent for payment of the principal and interest: Far Eastern International Bank
16.Certifying institution:Nil
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions:NA
19.Buyback conditions:NA
20.Reference date for any additional share exchange, stock swap, or subscription:NA
21.Possible dilution of equity in case of any additional share exchange, stock swap, or subscription:NA
22.Any other matters that need to be specified:Nil