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Additional information about the issue of unsecured corporate bonds resolved by the Board of Directors on 5 March 2024
From:

SEQ_NO

 1

Date of announcement

 2024/09/19

Time of announcement

 15:53:03

Subject

 Additional information about the issue of

unsecured corporate bonds resolved by the Board of

Directors on 5 March 2024

Date of events

  2024/09/19

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 2024.

3.Whether to adopt shelf registration (Yes/No):No

4.Total amount issued:

 Total amount is TWD 4.3 billion, Tranche A TWD 2.8 billion,

 Tranche B TWD 0.7 billion and Tranche C TWD 0.8 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: three years; Tranche B: five years; Tranche C: seven years.

8.Coupon rate:

 Tranche A is at an annual fixed coupon rate of 1.97%,

 Tranche B is at an annual fixed coupon rate of 1.99% and

 Tranche C is at an annual fixed coupon rate of 2.04%.

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 financial debts to secure long-term funding sources.

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

 

 

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