May 4, 2018 / 8:30 AM / 19 days ago

BRIEF-Sakura Development to issue convertible bonds to raise up to T$501 mln

May 4 (Reuters) - Sakura Development Co Ltd

* Says it will issue first series domestic secured convertible corporate bonds and second series domestic unsecured convertible corporate bonds, to raise up to T$501 million in total, with a term of 5 years

* Proceeds will be used to repay loans

Source text in Chinese:goo.gl/ovMt54; goo.gl/hJN45u

Further company coverage: (Beijing Headline News)

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