Yuanta Financial Holdings Co. Ltd. plans to issue NT$10 billion of corporate bonds in several tranches.
The company said May 23 that the bonds will have an interest rate not exceeding 2% per year. The issue price will be determined at a later date.
Yuanta Financial plans to use the proceeds to repay corporate bonds due in 2018 or any loans borrowed.
As of May 23, US$1 was equivalent to NT$30.00.
