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.
FACT BOX
- Source: PR Times
- Category: 其他
- Organizations: Cathaylife Singapore Pte. Ltd.