[Da-Dong] Announcement of Board Resolution to Issue the 1st Unsecured Convertible Bond

Key facts

  • [Da-Dong] Announcement of Board Resolution to Issue the 1st Unsecured Convertible Bond
  • Da-Dong Electric has resolved to issue its 1st unsecured convertible bond in Taiwan, totaling 2 billion TWD. The bond has a 3-year term and a 0% coupon rate. Proceeds will be used to repay bank loans and supplement working capital. Cathay Securities is the underwriter.
  • Source: PR Times
  • Date: May 29, 2026

Direct answer

Da-Dong Electric has resolved to issue its 1st unsecured convertible bond in Taiwan, totaling 2 billion TWD. The bond has a 3-year term and a 0% coupon rate. Proceeds will be used to repay bank loans and supplement working capital. Cathay Securities is the underwriter.

Citation
[Da-Dong] Announcement of Board Resolution to Issue the 1st Unsecured Convertible Bond (May 29, 2026), PR Times
Source
PR Times
Date
May 29, 2026
Da-Dong Electric has resolved to issue its 1st unsecured convertible bond in Taiwan, totaling 2 billion TWD. The bond has a 3-year term and a 0% coupon rate. Proceeds will be used to repay bank loans and supplement working capital. Cathay Securities is the underwriter.
financeNQ 46/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 29, 2026 at 09:00
  • 🔍 Collected: June 2, 2026 at 08:00 (95h 0m after Published)
  • 🤖 AI Analyzed: June 2, 2026 at 08:17 (17 min after Collected)
1. Date of Board resolution: 115/05/29. 2. Name: Da-Dong Electric Wire & Cable Co., Ltd. 1st Unsecured Convertible Bond. 3. Shelf registration: No. 4. Total issuance amount: 2,000,000,000 TWD. 5. Face value: 100,000 TWD. 6. Issuance price: 100.5% of face value. 7. Term: 3 years. 8. Coupon rate: 0%. 9. Collateral: N/A. 10. Use of proceeds: Repayment of bank loans and working capital. 11. Underwriting method: Inquiry-based public underwriting. 12. Trustee: Taichung Commercial Bank. 13. Underwriter: Cathay Securities. 14. Guarantor: N/A. 15. Paying agent: KGI Securities. 16. Certification: N/A. 17. Conversion terms: Authorized to the Chairman. 18. Redemption terms: To be announced later. 19. Other: The Chairman is authorized to handle all matters.

FAQ

Is this bond convertible?

Yes, it is issued as an unsecured convertible bond.

What are the key facts in this article?

Da-Dong Electric has resolved to issue its 1st unsecured convertible bond in Taiwan, totaling 2 billion TWD. The bond has a 3-year term and a 0% coupon rate. Proceeds will be used to repay bank loans and supplement working capital. Cathay Securities is the underwriter.

What is the direct answer?

Da-Dong Electric has resolved to issue its 1st unsecured convertible bond in Taiwan, totaling 2 billion TWD. The bond has a 3-year term and a 0% coupon rate. Proceeds will be used to repay bank loans and supplement working capital. Cathay Securities is the underwriter.

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