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 |
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Date of events |
2024/08/07 |
To which item it meets |
paragraph 11 |
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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 |