[TCFHC] Announcement Regarding the Proposed Issuance of Unsecured Senior Ordinary Corporate Bonds
Taiwan Cooperative Financial Holding (TCFHC) announced on May 25, 2026, that its board of directors has approved the issuance of unsecured senior ordinary corporate bonds with a cap of NT$10 billion. The bonds will have a term of up to 7 years, and the proceeds will be used to repay existing commercial paper.
📋 Article Processing Timeline
- 📰 Published: May 25, 2026 at 09:00
- 🔍 Collected: May 26, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 26, 2026 at 19:25 (11h 25m after Collected)
1. Date of Board of Directors Resolution: May 25, 2026.
2. Name: Taiwan Cooperative Financial Holding Co., Ltd. Unsecured Senior Ordinary Corporate Bonds.
3. Shelf registration: Yes.
4. Total issue amount: Up to NT$10 billion, valid for two years upon approval by the competent authority.
5. Par value per bond: To be determined by market conditions.
6. Issue price: At par value.
7. Issue tenor: Principally not exceeding 7 years.
8. Interest rate: To be determined by market conditions.
9. Collateral details: Not applicable.
10. Use of proceeds and application plan: Repayment of outstanding commercial paper.
11. Underwriting method: Authorized to the Chairman based on actual circumstances.
12. Bond trustee: Authorized to the Chairman based on actual circumstances.
13. Underwriter/Distributor: Authorized to the Chairman based on actual circumstances.
14. Guarantor: Not applicable.
15. Paying agent: Authorized to the Chairman based on actual circumstances.
16. Authentication agency: Not applicable.
17. Conversion options: Not applicable.
18. Put options: Not applicable.
19. Call options: Not applicable.
20. Convertible/Exchangeable terms: Not applicable.
21. Potential equity dilution: Not applicable.
22. Other matters: After the issuance becomes effective upon filing with the competent authority, application may be made to the Taipei Exchange (TPEx) for over-the-counter trading.
2. Name: Taiwan Cooperative Financial Holding Co., Ltd. Unsecured Senior Ordinary Corporate Bonds.
3. Shelf registration: Yes.
4. Total issue amount: Up to NT$10 billion, valid for two years upon approval by the competent authority.
5. Par value per bond: To be determined by market conditions.
6. Issue price: At par value.
7. Issue tenor: Principally not exceeding 7 years.
8. Interest rate: To be determined by market conditions.
9. Collateral details: Not applicable.
10. Use of proceeds and application plan: Repayment of outstanding commercial paper.
11. Underwriting method: Authorized to the Chairman based on actual circumstances.
12. Bond trustee: Authorized to the Chairman based on actual circumstances.
13. Underwriter/Distributor: Authorized to the Chairman based on actual circumstances.
14. Guarantor: Not applicable.
15. Paying agent: Authorized to the Chairman based on actual circumstances.
16. Authentication agency: Not applicable.
17. Conversion options: Not applicable.
18. Put options: Not applicable.
19. Call options: Not applicable.
20. Convertible/Exchangeable terms: Not applicable.
21. Potential equity dilution: Not applicable.
22. Other matters: After the issuance becomes effective upon filing with the competent authority, application may be made to the Taipei Exchange (TPEx) for over-the-counter trading.
FAQ
What is the purpose of TCFHC's corporate bond issuance?
To raise funds for the repayment of outstanding commercial paper.
What are the terms of the bond issuance?
Maximum amount of NT$10 billion, tenor up to 7 years, and interest rates determined by market conditions.
What about trading after issuance?
The bonds may be registered for trading on the Taipei Exchange (TPEx) after regulatory approval.