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The Board of Directors resolved to issue unsecured corporate bonds
From:

SEQ_NO

 5

Date of announcement

 2024/08/07

Time of announcement

 18:55:03

Subject

 The Board of Directors resolved to issue unsecured

corporate bonds

Date of events

  2024/08/07

To which item it meets

paragraph 11

Statement

 

1.Date of the board of directors resolution:2024/08/07

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 for (1) working capital

  replenishment, repayments ,domestic and overseas businesses investments,

  or capital expenditures, in order to secure long-term funding sources and

  enhance financial structure; or (2) the green and/or social investment

  projects of the Company or its lending subsidiaries, repayment required

  by the aforementioned projects, or the Company's long-term business

  development in order to fulfill the corporate sustainable goal of friendly

  environment and co-prosperous society ,which the definition is complied

  with the terms of  “sustainable bonds” accredited in the Operation

  Directions for Sustainable Bonds by TPEx.

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

 

 

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