[Hotai Finance] Supplementary Announcement Regarding the Issuance of Secured Ordinary Corporate Bonds Approved by the Board on 2025/11/06
Key facts
- [Hotai Finance] Supplementary Announcement Regarding the Issuance of Secured Ordinary Corporate Bonds Approved by the Board on 2025/11/06
- Hotai Finance has finalized and announced the terms for the issuance of secured ordinary corporate bonds, as approved by the board on November 6, 2025. The company will issue bonds totaling 3 TWD billion with a 3-year maturity at a fixed annual interest rate of 1.90%. The funds will be used for debt repayment. Sumitomo Mitsui Banking Corporation serves as the guarantor.
- Source: PR Times
- Date: May 20, 2026
Direct answer
Hotai Finance has finalized and announced the terms for the issuance of secured ordinary corporate bonds, as approved by the board on November 6, 2025. The company will issue bonds totaling 3 TWD billion with a 3-year maturity at a fixed annual interest rate of 1.90%. The funds will be used for debt repayment. Sumitomo Mitsui Banking Corporation serves as the guarantor.
- Citation
- [Hotai Finance] Supplementary Announcement Regarding the Issuance of Secured Ordinary Corporate Bonds Approved by the Board on 2025/11/06 (May 20, 2026), PR Times
- Source
- PR Times
- Date
- May 20, 2026
Hotai Finance has finalized and announced the terms for the issuance of secured ordinary corporate bonds, as approved by the board on November 6, 2025. The company will issue bonds totaling 3 TWD billion with a 3-year maturity at a fixed annual interest rate of 1.90%. The funds will be used for debt repayment. Sumitomo Mitsui Banking Corporation serves as the guarantor.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 10:12 (2h 12m after Collected)
1. Board resolution date: NA
2. Name: Hotai Finance Co., Ltd. 115th Year 2nd Series Secured Ordinary Corporate Bonds
3. Whether to use shelf registration: No
4. Total issuance amount: 3,000,000,000 TWD
5. Face value: 1,000,000 TWD
6. Issuance price: Issued at face value
7. Duration: 3 years
8. Interest rate: Fixed annual rate of 1.90%
9. Type, name, amount, and agreement of collateral: Bank guarantee
10. Purpose and usage plan: Debt repayment
11. Underwriting method: Public offering via commissioned underwriter
12. Bond trustee: Yuanta Commercial Bank Co., Ltd.
13. Underwriting or sales institution: Capital Securities Corp.
14. Guarantor: Sumitomo Mitsui Banking Corporation, Taipei Branch
15. Paying agent for principal and interest: Yuanta Commercial Bank Co., Ltd.
16. Certification institution: None
17. Convertible options: N/A
18. Put options: N/A
19. Call options: N/A
20. Reference date for conversion/exchange/warrants: N/A
21. Dilution effect on equity: N/A
22. Other remarks: None
2. Name: Hotai Finance Co., Ltd. 115th Year 2nd Series Secured Ordinary Corporate Bonds
3. Whether to use shelf registration: No
4. Total issuance amount: 3,000,000,000 TWD
5. Face value: 1,000,000 TWD
6. Issuance price: Issued at face value
7. Duration: 3 years
8. Interest rate: Fixed annual rate of 1.90%
9. Type, name, amount, and agreement of collateral: Bank guarantee
10. Purpose and usage plan: Debt repayment
11. Underwriting method: Public offering via commissioned underwriter
12. Bond trustee: Yuanta Commercial Bank Co., Ltd.
13. Underwriting or sales institution: Capital Securities Corp.
14. Guarantor: Sumitomo Mitsui Banking Corporation, Taipei Branch
15. Paying agent for principal and interest: Yuanta Commercial Bank Co., Ltd.
16. Certification institution: None
17. Convertible options: N/A
18. Put options: N/A
19. Call options: N/A
20. Reference date for conversion/exchange/warrants: N/A
21. Dilution effect on equity: N/A
22. Other remarks: None
FAQ
How is this bond secured?
The bond is secured by a bank guarantee provided by the Taipei branch of Sumitomo Mitsui Banking Corporation, with Yuanta Commercial Bank acting as the agent.
When will it be issued?
The specific issuance date is not mentioned in this announcement.
Why is the company issuing bonds?
The primary purpose is to repay existing debts.