December 25, 2017 / 3:22 AM / a year ago

BRIEF-Fubon Financial Holding unit to issue perpetual non-cumulative subordinated corporate bonds worth up to T$20 bln

Dec 25(Reuters) - Fubon Financial Holding Co Ltd

* Says unit Fubon Life Insurance plans to issue perpetual non-cumulative subordinated corporate bonds worth up to T$20 billion via private placement

* Bonds will be used to strengthen working capital and financial structure, to meet the requirements of mid or long-term planning and to raise the RBC ratio of the co

Source text in Chinese: goo.gl/vxSWVH

Further company coverage: (Beijing Headline News)

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