Cathay Financial Holding: Board resolves to change the issuance plan of 10-year (inclusive) or above cumulative subordinated ordinary corporate bonds for subsidiary Cathay Life Insurance
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 09:00
- 🔍 Collected: May 15, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 15, 2026 at 08:06 (5 min after Collected)
Cathay Financial Holding announced on behalf of Cathay Life Insurance a change in its bond issuance plan. Originally planned for offshore issuance up to US$1 billion via Cathaylife Singapore Pte. Ltd., the remaining US$500 million (or equivalent in NTD) will now be issued domestically in NTD-denominated bonds to diversify funding and increase domestic asset allocation, subject to regulatory approval within one year.