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CTBC Financial issues NT$20B of preferred shares

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CTBC Financial issues NT$20B of preferred shares

CTBC Financial Holding Co. Ltd. completed the issuance of NT$20 billion of preferred shares.

The Taiwanese company issued 333.33 million shares at a premium of NT$60 per share, according to a Dec. 25 filing.

Further, CTBC Financial unit Tokyo Star Bank Ltd. sold ¥1.80 billion worth of loan assets to ORIX Corp. unit ORIX Bank Corp., according to a Dec. 22 statement.

As of Dec. 25, US$1 was equivalent to NT$29.93 and ¥113.22.