trending Market Intelligence /marketintelligence/en/news-insights/trending/uhyuohkpgjpl6tlv9ph2qw2 content esgSubNav
In This List

Taiwan Shin Kong Commercial Bank to raise NT$2.5B via debentures

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Taiwan Shin Kong Commercial Bank to raise NT$2.5B via debentures

Taiwan Shin Kong Commercial Bank Co. Ltd. plans to raise NT$2.5 billion through an issuance of subordinated financial debentures.

The 10-year debentures were priced with a coupon of 1.62%. They will be issued June 28.

The proceeds from the issuance will be used to raise medium- to long-term capital and to enhance the bank's financial structure.

Taiwan Shin Kong Commercial Bank is a unit of Shin Kong Financial Holding Co. Ltd.

As of May 25. US$1 was equivalent to NT$29.97.