【Far Eastern New Century】Board of Directors Resolves to Issue Unsecured Ordinary Corporate Bonds
Far Eastern New Century Corporation's Board of Directors has resolved to issue unsecured ordinary corporate bonds amounting to a maximum of NT$10 billion. These funds will be used to supplement working capital, repay loans, invest in domestic and overseas businesses, or fund green and social impact investment projects.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 09:21 (1h 21m after Collected)
1. Date of Board Resolution: 2026/05/13
2. Name (XX Company Xth (Secured/Unsecured) Corporate Bonds):
Far Eastern New Century Corporation (Unsecured) Ordinary Corporate Bonds.
3. Adoption of overall registration for corporate bond issuance (Yes/No): No
4. Total amount of issuance: Not exceeding NT$10 billion (or equivalent foreign currency), may be issued in one or more tranches depending on market conditions.
5. Face value per bond: NT$1 million or multiples thereof (foreign currency face value to be determined separately).
6. Issuance price: Issued at full face value.
7. Issuance period: Generally not exceeding ten years.
8. Issuance interest rate: Determined favorably based on corporate bond market conditions, with authorization for the Chairman to approve.
9. Type, name, amount, and agreed terms of collateral: None.
10. Use of proceeds and application plan:
The Company plans to issue corporate bonds (1) to supplement working capital, repay loans, invest in domestic and overseas businesses, or finance capital expenditures and other funding needs to stabilize medium-to-long-term funding sources and strengthen the financial structure; or (2) to finance the Company's or its financially-assisted subsidiaries' green and/or social benefit investment projects, or repay loans related to the aforementioned projects, or comply with the scope of products covered by the GreTai Securities Market's Sustainable Development Bonds Operating Guidelines, which will contribute to the Company's overall long-term operational development and fulfill its sustainable management philosophy of environmental friendliness and social prosperity.
11. Underwriting method: Public offering through a securities underwriter.
12. Corporate bond trustee: Authorized for the Chairman to approve.
13. Underwriting or sales agency: Authorized for the Chairman to approve.
14. Guarantor of issuance: None.
15. Agency for repayment of principal and interest: Far Eastern International Bank Co., Ltd. Operations Department.
16. Certifying institution: None.
17. Conversion method for convertible shares: Not applicable.
18. Put option conditions: Not applicable.
19. Call option conditions: Not applicable.
20. Conversion benchmark date for convertible, exchangeable, or subscription rights: Not applicable.
21. Potential dilution of equity for convertible, exchangeable, or subscription rights: Not applicable.
22. Other matters to be specified: None.
Keywords: Material Information
2. Name (XX Company Xth (Secured/Unsecured) Corporate Bonds):
Far Eastern New Century Corporation (Unsecured) Ordinary Corporate Bonds.
3. Adoption of overall registration for corporate bond issuance (Yes/No): No
4. Total amount of issuance: Not exceeding NT$10 billion (or equivalent foreign currency), may be issued in one or more tranches depending on market conditions.
5. Face value per bond: NT$1 million or multiples thereof (foreign currency face value to be determined separately).
6. Issuance price: Issued at full face value.
7. Issuance period: Generally not exceeding ten years.
8. Issuance interest rate: Determined favorably based on corporate bond market conditions, with authorization for the Chairman to approve.
9. Type, name, amount, and agreed terms of collateral: None.
10. Use of proceeds and application plan:
The Company plans to issue corporate bonds (1) to supplement working capital, repay loans, invest in domestic and overseas businesses, or finance capital expenditures and other funding needs to stabilize medium-to-long-term funding sources and strengthen the financial structure; or (2) to finance the Company's or its financially-assisted subsidiaries' green and/or social benefit investment projects, or repay loans related to the aforementioned projects, or comply with the scope of products covered by the GreTai Securities Market's Sustainable Development Bonds Operating Guidelines, which will contribute to the Company's overall long-term operational development and fulfill its sustainable management philosophy of environmental friendliness and social prosperity.
11. Underwriting method: Public offering through a securities underwriter.
12. Corporate bond trustee: Authorized for the Chairman to approve.
13. Underwriting or sales agency: Authorized for the Chairman to approve.
14. Guarantor of issuance: None.
15. Agency for repayment of principal and interest: Far Eastern International Bank Co., Ltd. Operations Department.
16. Certifying institution: None.
17. Conversion method for convertible shares: Not applicable.
18. Put option conditions: Not applicable.
19. Call option conditions: Not applicable.
20. Conversion benchmark date for convertible, exchangeable, or subscription rights: Not applicable.
21. Potential dilution of equity for convertible, exchangeable, or subscription rights: Not applicable.
22. Other matters to be specified: None.
Keywords: Material Information