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8 months ago
BRIEF-Lungyen Life Service to issue 1st series domestic private placement unsecured convertible corporate bonds of up to T$3.11 bln
December 9, 2016 / 8:38 AM / 8 months ago

BRIEF-Lungyen Life Service to issue 1st series domestic private placement unsecured convertible corporate bonds of up to T$3.11 bln

Dec 9 (Reuters) - Lungyen Life Service :

* Says it will issue the 1st series domestic private placement unsecured convertible corporate bonds, worth up to T$3.11 billion

* Says par value is T$100,000 for the bonds

* Maturity period of three years and coupon rate is 0 percent for the bonds

* Proceeds to be used for bank loan repayment

Source text in Chinese: goo.gl/TnE128

Further company coverage: (Beijing Headline News)

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