News

Latest news and announcements

>News>Company Announcement>Additional information about the issue of unsecured corporate bonds resolved by the Board of Directors on 8 March 2022
Additional information about the issue of unsecured corporate bonds resolved by the Board of Directors on 8 March 2022
From:
SEQ_NO  1 Date of announcement  2022/10/17 Time of announcement  18:25:53
Subject
 Additional information about the issue of
unsecured corporate bonds resolved by the Board of
Directors on 8 March 2022
Date of events   2022/10/17 To which item it meets paragraph 11
Statement
1.Date of the board of directors resolution:NA 
2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]: 
  Far Eastern New Century Corporation 2nd Unsecured Corporate Bond issue in 2022. 
3.Whether to adopt shelf registration (Yes/No):No 
4.Total amount issued: Total amount is NT$2.5 billion, Tranche A TWD 1.6 billion and Tranche B TWD 0.9 billion. 
5.Face value per bond:TWD 1 million. 
6.Issue price: The bond will be issued at par value. 
7.Issuance period:Tranche A: 3 years,Tranche B: 5 years. 
8.Coupon rate: Tranche A is at an annual fixed coupon rate of 1.70%, 
  and Tranche B is at an annual fixed coupon rate of 1.80%. 
9.Types, names, monetary values and stipulations of collaterals:Nil 
10.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, and to reimburse the loans required 
   by the Company’s green projects. 
11.Underwriting method: Public offering through underwriters. 
12.Trustees of the corporate bonds: Bank SinoPac 
13.Underwriter or agent: Yuanta Securities Co. LTD. 
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

Contact Information

TOP