【KGI Funds】Subsidiary KGI Life Insurance Announces Issuance Terms for 2026 Second Unsecured Cumulative Subordinated Corporate Bonds (Supplement to 2025/11/20 Announcement)
KGI Life Insurance announced the issuance terms for its 2026 second unsecured cumulative subordinated corporate bonds, totaling NT$10 billion. The purpose is to strengthen the financial structure, replenish capital, and improve the capital adequacy ratio. KGI Securities Co., Ltd. serves as the lead underwriter.
📋 Article Processing Timeline
- 📰 Published: May 4, 2026 at 09:00
- 🔍 Collected: May 5, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 5, 2026 at 08:04 (4 min after Collected)
1. Date of Board Resolution: NA
2. Name (XX Company's Xth (secured/unsecured) corporate bonds): KGI Life Insurance Co., Ltd.'s 2026 Second Unsecured Cumulative Subordinated Corporate Bonds
3. Is a blanket registration used for corporate bond issuance (Yes/No): No
4. Total Issue Amount: The total issue amount is NT$10 billion, divided into Class A and Class B bonds according to different issuance terms. The issue amount for Class A bonds is NT$5 billion, and for Class B bonds is NT$5 billion.
5. Face Value per Unit: NT$1 million
6. Issue Price: Issued at face value.
7. Issue Period: The issue period for Class A bonds is 10 years; the issue period for Class B bonds is 15 years.
8. Issue Rate: The coupon rates for both Class A and Class B bonds are fixed rates. The interest rate for Class A bonds is 3.75%; the interest rate for Class B bonds is 3.88%.
9. Type, Name, Amount, and Agreed Terms of Collateral: Not applicable.
10. Use of Funds Raised and Application Plan: To strengthen the financial structure, replenish the company's own capital, and improve the capital adequacy ratio.
11. Underwriting Method: Public underwriting through an appointed underwriter.
12. Corporate Bond Trustee: Yuanta Commercial Bank Co., Ltd.
13. Underwriting or Sales Agent: KGI Securities Co., Ltd. is appointed as the lead underwriter.
14. Issuing Guarantor: Not applicable.
15. Agent for Principal and Interest Repayment: KGI Commercial Bank Co., Ltd.
16. Certifying Institution: Not applicable.
17. Convertibility into Shares, and Conversion Method: Not applicable.
18. Put Option Terms: Not applicable.
19. Call Option Terms: For Class B bonds, after 10 years from issuance, if the company's capital adequacy ratio after calculation of redemption is greater than the statutory minimum capital adequacy ratio for the insurance industry at the time of calculation, and with the approval of the competent authority, the company may redeem all of these corporate bonds at face value plus accrued interest.
20. Record Date for Conversion, Exchange, or Subscription if applicable: Not applicable.
21. Potential Dilution of Shareholding if applicable for Conversion, Exchange, or Subscription: Not applicable.
22. Other Explanations: The company will subsequently submit relevant documents to the Taipei Exchange for declaration. The company will apply for over-the-counter trading of these corporate bonds with the Taipei Exchange after the declaration takes effect. Keywords: Material Information
2. Name (XX Company's Xth (secured/unsecured) corporate bonds): KGI Life Insurance Co., Ltd.'s 2026 Second Unsecured Cumulative Subordinated Corporate Bonds
3. Is a blanket registration used for corporate bond issuance (Yes/No): No
4. Total Issue Amount: The total issue amount is NT$10 billion, divided into Class A and Class B bonds according to different issuance terms. The issue amount for Class A bonds is NT$5 billion, and for Class B bonds is NT$5 billion.
5. Face Value per Unit: NT$1 million
6. Issue Price: Issued at face value.
7. Issue Period: The issue period for Class A bonds is 10 years; the issue period for Class B bonds is 15 years.
8. Issue Rate: The coupon rates for both Class A and Class B bonds are fixed rates. The interest rate for Class A bonds is 3.75%; the interest rate for Class B bonds is 3.88%.
9. Type, Name, Amount, and Agreed Terms of Collateral: Not applicable.
10. Use of Funds Raised and Application Plan: To strengthen the financial structure, replenish the company's own capital, and improve the capital adequacy ratio.
11. Underwriting Method: Public underwriting through an appointed underwriter.
12. Corporate Bond Trustee: Yuanta Commercial Bank Co., Ltd.
13. Underwriting or Sales Agent: KGI Securities Co., Ltd. is appointed as the lead underwriter.
14. Issuing Guarantor: Not applicable.
15. Agent for Principal and Interest Repayment: KGI Commercial Bank Co., Ltd.
16. Certifying Institution: Not applicable.
17. Convertibility into Shares, and Conversion Method: Not applicable.
18. Put Option Terms: Not applicable.
19. Call Option Terms: For Class B bonds, after 10 years from issuance, if the company's capital adequacy ratio after calculation of redemption is greater than the statutory minimum capital adequacy ratio for the insurance industry at the time of calculation, and with the approval of the competent authority, the company may redeem all of these corporate bonds at face value plus accrued interest.
20. Record Date for Conversion, Exchange, or Subscription if applicable: Not applicable.
21. Potential Dilution of Shareholding if applicable for Conversion, Exchange, or Subscription: Not applicable.
22. Other Explanations: The company will subsequently submit relevant documents to the Taipei Exchange for declaration. The company will apply for over-the-counter trading of these corporate bonds with the Taipei Exchange after the declaration takes effect. Keywords: Material Information