Pan German Universal Motors to Issue Bonds Worth NT$1 Billion

MT Newswires Live

2025/05/12

Pan German Universal Motors (TPE:2247) approved the issuance of its domestic unsecured convertible bonds worth NT$1 billion, according to a Friday Taiwan Exchange filing.

Each bond will carry a face value of NT$100,000, and will be issued at no less than 101% of face value for a three-year term.

Proceeds will be used to boost the company's working capital, the luxury cars seller said.

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