Today's Information |
Provided by: FAR EASTERN INTERNATIONAL BANK | |||||
SEQ_NO | 2 | Date of announcement | 2022/03/03 | Time of announcement | 18:59:15 |
Subject | Board resolution for debenture issuing. | ||||
Date of events | 2022/03/03 | To which item it meets | paragraph 11 | ||
Statement | 1.Date of the board of directors resolution:2022/03/03 2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]: The Board approves issuing plan of subordinated debentures up to NT$ 4 billion and senior unsecured financial debentures up to NT$ 6 billion(or the equivalent in other currencies). 3.Whether to adopt shelf registration (Yes/No):Yes 4.Total amount issued:(1)no more than NT$ 4 billion for subordinated debentures (2)no more than NT$ 6 billion(or the equivalent in other currencies) for senior unsecured financial debentures. 5.Face value per bond:to be decided. 6.Issue price:at 100% of the face value. 7.Issuance period:(1) Up to 15 years for subordinated debentures. (2)Up to 30 years for senior unsecured financial debentures, with or without early call. 8.Coupon rate:to be decided. 9.Types, names, monetary values and stipulations of collaterals:N/A 10.Use of the funds raised by the offering and utilization plan: To finance the Bank's long term funding needs and enhance the Bank's capital structure for support of future business growth. 11.Underwriting method:to be decided. 12.Trustees of the corporate bonds:to be decided. 13.Underwriter or agent:to be decided. 14.Guarantor(s) for the issuance:N/A 15.Agent for payment of the principal and interest:to be decided. 16.Certifying institution:to be decided. 17.Where convertible into shares, the rules for conversion:N/A 18.Sell-back conditions:to be decided. 19.Buyback conditions:to be specified in issuing terms,if any. 20.Reference date for any additional share exchange, stock swap, or subscription:N/A 21.Possible dilution of equity in case of any additional share exchange, stock swap, or subscription:N/A 22.Any other matters that need to be specified:The Bank may issue the senior unsecured financial debentures in installments and/ or in revolving during the time period not exceeding 10 years following the approval date of FSC. |
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Far Eastern International Bank published this content on 03 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 11:20:12 UTC.