Far Eastern International Bank Issues NT$6 Billion Debentures

MT Newswires Live

03/21

Far Eastern International Bank (TPE:2845) launched its senior unsecured financial debentures raising NT$6 billion, according to a Thursday Taiwan Exchange filing.

The issuance was priced at par with a fixed annual coupon rate of 2% and carries a five-year maturity, due in March 2030.

Proceeds from the offering will be used to support the bank's long-term business growth strategy, it said.

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