Taishin Bank Announces Board Approval to Apply for Issuance Limit of NT$5 Billion (or Equivalent Foreign Currency) in Subordinated Financial Bonds.
Taishin Bank announced that its board of directors approved applying for an issuance limit of NT$5 billion (or equivalent foreign currency) in subordinated financial bonds. This is to strengthen the bank's financial structure and improve its capital adequacy ratio.
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- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 21:50 (13h 50m after Collected)
1. Date of Board of Directors Meeting or Resolution: 115/05/11
2. Name (XX Company's Xth (Secured/Unsecured) Corporate Bond): Taiwan Business Bank Co., Ltd. Subordinated Financial Bonds.
3. Whether to adopt global issuance of corporate bonds (Yes/No): No
4. Total issuance amount: NT$5 billion (or equivalent foreign currency), including NT$2 billion in perpetual non-cumulative subordinated financial bonds and NT$3 billion in long-term subordinated financial bonds.
5. Face value per bond: Undetermined.
6. Issuance price: Issued at 100% of face value.
7. Issuance period: (1) Perpetual non-cumulative subordinated financial bonds: Perpetual. (2) Long-term subordinated financial bonds: 5 years or more.
8. Interest rate: To be determined based on market interest rates at the time of issuance and the bank's funding situation.
9. Type, name, amount, and agreement of collateral: None.
10. Purpose of raised funds and utilization plan: To strengthen the financial structure and increase the bank's capital adequacy ratio.
11. Underwriting method: Undetermined.
12. Trustee for corporate bonds: None.
13. Underwriting or selling agent: Undetermined.
14. Guarantor: None.
15. Principal and interest paying agent: Undetermined.
16. Certifying institution: None.
17. Conversion method if convertible into shares: None.
18. Put-back conditions: Undetermined.
19. Buy-back conditions: Undetermined.
20. Conversion, exchange, or stock acquisition method: None.
21. Potential dilution of equity due to conversion, exchange, or stock acquisition: None.
22. Other matters to be notified: None.
Keywords: Material Information
2. Name (XX Company's Xth (Secured/Unsecured) Corporate Bond): Taiwan Business Bank Co., Ltd. Subordinated Financial Bonds.
3. Whether to adopt global issuance of corporate bonds (Yes/No): No
4. Total issuance amount: NT$5 billion (or equivalent foreign currency), including NT$2 billion in perpetual non-cumulative subordinated financial bonds and NT$3 billion in long-term subordinated financial bonds.
5. Face value per bond: Undetermined.
6. Issuance price: Issued at 100% of face value.
7. Issuance period: (1) Perpetual non-cumulative subordinated financial bonds: Perpetual. (2) Long-term subordinated financial bonds: 5 years or more.
8. Interest rate: To be determined based on market interest rates at the time of issuance and the bank's funding situation.
9. Type, name, amount, and agreement of collateral: None.
10. Purpose of raised funds and utilization plan: To strengthen the financial structure and increase the bank's capital adequacy ratio.
11. Underwriting method: Undetermined.
12. Trustee for corporate bonds: None.
13. Underwriting or selling agent: Undetermined.
14. Guarantor: None.
15. Principal and interest paying agent: Undetermined.
16. Certifying institution: None.
17. Conversion method if convertible into shares: None.
18. Put-back conditions: Undetermined.
19. Buy-back conditions: Undetermined.
20. Conversion, exchange, or stock acquisition method: None.
21. Potential dilution of equity due to conversion, exchange, or stock acquisition: None.
22. Other matters to be notified: None.
Keywords: Material Information