Yuanta Financial (TPE:2885) plans to issue NT$7.8 billion of five-year unsecured corporate bonds at par value, according to a Wednesday Taiwan Exchange filing.
The public offering of the bonds, which will carry a fixed annual coupon rate of 2.25%, will be carried out by underwriters.
Proceeds will be used to repay bonds maturing in 2026 and loans that were borrowed or issued for working capital.
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