SEQ_NO | 6 | Date of announcement | 2013/03/27 | Time of announcement | 17:58:53 |
Subject |
The board of directors resolved to issue the unsecured bonds |
||||
Date of events | 2013/03/27 | To which item it meets | article 2 paragraph 11 | ||
Statement |
1.Date of the board of directors resolution:2013/03/27 2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】: The unsecured bonds of Far Eastern New Century Corporation 3.Total amount of the issue: Less than TWD 8 billion(or equivalent amount of any foreign currency) 4.Face value:TWD 1 million or integral multiples of TWD 1 million (or different amount if foreign currency denominated). 5.Issue price:The bonds will be issued at face value. 6.Issue period:Up to 10 years 7.Issue coupon/interest rate:Depending on the bond market, the Board authorized the Chairman to approve. 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 loans and provide cash to meet medium- and long- term financing needs from the Company and its foreign subsidiaries, in order to improve overall financial structure. 10.Underwriting method:not issue to public. 11.Trustees for the bonds:the Board authorized the Chairman to approve. 12.Underwriter or distributing agent institution:NA 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 |