1. Board Resolution Date: N/A 2. Bond Name [XX Company's Xth (Secured/Unsecured) Corporate Bond]: China Trust Commercial Bank Co., Ltd. 115th Year, 39th Series Unsecured Senior Financial Bonds 3. Is it a global depositary receipt issuance? (Yes/No): No 4. Total Issuance Amount: NT$15.35 billion, divided into Coupon A and Coupon B based on different issuance terms: Coupon A Issuance Amount: NT$12.1 billion Coupon B Issuance Amount: NT$3.25 billion 5. Face Value Per Bond: NT$10 million 6. Issuance Price: Issued at 100% of face value on the issuance date 7. Issuance Period: Coupon A: Ten years, unless China Trust exercises the 'early redemption right' starting from any interest payment date within 5 years from the issuance date. Coupon B: Ten years. 8. Interest Rate: Coupon A: Fixed annual rate of 2.00% Coupon B: Fixed annual rate of 1.90% 9. Type, Name, Amount, and Agreed Terms of Collateral: None 10. Purpose of Raised Funds and Utilization Plan: To meet business development needs and enhance funding liquidity. 11. Underwriting Method: None 12. Trustee for Corporate Bonds: None 13. Underwriting or Consignment Agency: None 14. Guarantor: None 15. Paying Agent for Redemption and Interest Payment: China Trust Bank will handle redemption and interest payment matters. 16. Certifying Agency: None 17. If convertible to shares, conversion method: Not applicable 18. Put Option Terms: None 19. Call Option Terms: China Trust Bank has the right to redeem Coupon A bonds in full at face value on any interest payment date starting from the 5th anniversary of the issuance date, excluding the redemption on the issuance date. 20. If subject to conversion, exchange, or subscription rights, conversion basis date: Not applicable 21. Potential dilution of equity if subject to conversion, exchange, or subscription rights: Not applicable 22. Other Matters to be Notified: None.
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- Source: PR Times
- Category: Funding
- Products / services: Subordinated Bonds Issuance / Financing