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6 months ago
BRIEF-Sinopac Financial Holdings unit to issue T$2.25 bln 2017 1st series unsecured subordinated financial bonds
February 15, 2017 / 7:51 AM / 6 months ago

BRIEF-Sinopac Financial Holdings unit to issue T$2.25 bln 2017 1st series unsecured subordinated financial bonds

Feb 15 (Reuters) - Sinopac Financial Holdings Co Ltd :

* Says its subsidiary Bank SinoPac will issue T$2.25 billion 2017 1st series unsecured subordinated financial bonds (bond A of T$150 million and bond B of T$2.1 billion)

* Says par value and issue price of T$5 million for the bonds

* Maturity period from Feb. 24, 2017 to Feb. 24, 2024 for bond A, Feb. 24, 2017 to Feb. 24, 2027 for bond B

* Fixed interest rate of 1.6 percent for bond A and 1.9 percent for bond B

Source text in Chinese: goo.gl/JcWtpF

Further company coverage: (Beijing Headline News)

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