SEQ_NO | 1 | Date of announcement | 2013/05/07 | Time of announcement | 17:48:15 |
Subject |
Additional information about the issue of unsecured corporate bonds resolved by the Board of Directors on 27 March 2013 |
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Date of events | 2013/05/07 | To which item it meets | article 2 paragraph 11 | ||
Statement |
1.Date of the board of directors resolution:NA 2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】: The unsecured bonds of Far Eastern New Century Corp. 3.Total amount of the issue: Total issuing amount of Bond A and Bond B is RMB 500 million and Yen 5 billion, respectively. 4.Face value: Par value of Bond A and Bond B is RMB 1 million and Yen 10 million, respectively. 5.Issue price:Fully issue at par value 6.Issue period:3 years 7.Issue coupon/interest rate: Bond A is at an annual fixed rate of 2.95%, and Bond B is calculated by single interest rate, a floating rate based on three-month Yen Libor (benchmark rate) + 1.10%. 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 provide cash to meet long- term financing needs for the Company and lending of capital to its foreign subsidiaries to pay off short-term debt, and reduce exposure to foreign currency risk, in order to improve overall financial structure. 10.Underwriting method:not issue to public. 11.Trustees for the bonds: Chinatrust Commercial Bank 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: Chinatrust Commercial 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 |