Cathay Financial Holding: Cathay United Bank intends to acquire Cathay Life's subordinated corporate bonds
📋 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 that its subsidiary, Cathay United Bank, plans to acquire the 10-year (or above) cumulative subordinated ordinary corporate bonds issued by Cathay Life Insurance. The transaction limit is US$500 million (or equivalent NTD). The bank acts as the underwriter to assist in the sales and settlement of the bonds.