Far Eastern New Century: Supplementary Explanation on the Issuance of Unsecured Ordinary Corporate Bonds Announced on August 8, 2025, and March 11, 2026
Far Eastern New Century announced its plan to issue NT$8 billion in unsecured corporate bonds with a 5-year maturity and an annual interest rate of 2.03%. The capital raised will be primarily used for debt repayment to stabilize long-term funding sources and strengthen the company's financial structure.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 09:00
- 🔍 Collected: April 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:18 (182h 18m after Collected)
1. Date of Board of Directors' Resolution: NA
2. Name [Xth (secured/unsecured) corporate bond of XX Company]: Far Eastern New Century Corporation's First Unsecured Ordinary Corporate Bonds of 2026.
3. Is the corporate bond issued under a master registration statement (Yes/No): No.
4. Total Issuance Amount: The total issuance amount is NT$8 billion.
5. Par Value per Bond: NT$1 million.
6. Issuance Price: Issued at par value.
7. Issuance Period: These corporate bonds have a 5-year term.
8. Issuance Interest Rate: These corporate bonds have a fixed annual interest rate of 2.03%.
9. Type, Name, Amount, and Agreed Matters of Collateral: None.
10. Purpose and Plan for Funds Raised: To repay debts and stabilize long-term funding sources.
11. Underwriting Method: Public underwriting through negotiation and sale by securities underwriters.
12. Corporate Bond Trustee: E. Sun Commercial Bank Co., Ltd.
13. Underwriter or Sales Agent: Taishin Securities Co., Ltd.
14. Issuing Guarantor: None.
15. Agent for Principal and Interest Repayment: Far Eastern International Bank Co., Ltd. Business Department.
16. Certification Institution: None.
17. Conversion Method for Convertible Shares: Not applicable.
18. Put Option Conditions: Not applicable.
19. Call Option Conditions: Not applicable.
20. Record Date for Conversion, Exchange, or Subscription: Not applicable.
21. Potential Dilution of Equity due to Conversion, Exchange, or Subscription: Not applicable.
22. Other Matters to be Specified: None. Keywords: Material Information.
2. Name [Xth (secured/unsecured) corporate bond of XX Company]: Far Eastern New Century Corporation's First Unsecured Ordinary Corporate Bonds of 2026.
3. Is the corporate bond issued under a master registration statement (Yes/No): No.
4. Total Issuance Amount: The total issuance amount is NT$8 billion.
5. Par Value per Bond: NT$1 million.
6. Issuance Price: Issued at par value.
7. Issuance Period: These corporate bonds have a 5-year term.
8. Issuance Interest Rate: These corporate bonds have a fixed annual interest rate of 2.03%.
9. Type, Name, Amount, and Agreed Matters of Collateral: None.
10. Purpose and Plan for Funds Raised: To repay debts and stabilize long-term funding sources.
11. Underwriting Method: Public underwriting through negotiation and sale by securities underwriters.
12. Corporate Bond Trustee: E. Sun Commercial Bank Co., Ltd.
13. Underwriter or Sales Agent: Taishin Securities Co., Ltd.
14. Issuing Guarantor: None.
15. Agent for Principal and Interest Repayment: Far Eastern International Bank Co., Ltd. Business Department.
16. Certification Institution: None.
17. Conversion Method for Convertible Shares: Not applicable.
18. Put Option Conditions: Not applicable.
19. Call Option Conditions: Not applicable.
20. Record Date for Conversion, Exchange, or Subscription: Not applicable.
21. Potential Dilution of Equity due to Conversion, Exchange, or Subscription: Not applicable.
22. Other Matters to be Specified: None. Keywords: Material Information.