Additional information about the issue of unsecured corporate bonds resolved by the Board of Directors on 8 March 2022
From:
SEQ_NO
1
Date of announcement
2022/09/05
Time of announcement
15:18:25
Subject
Additional information about the issue of
unsecured corporate bonds resolved by the Board of
Directors on 8 March 2022
Date of events
2022/09/05
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]:
Far Eastern New Century Corporation 1st Unsecured Corporate Bond issue in 2022.
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:TWD 2.5 billion.
5.Face value per bond:TWD 1 million.
6.Issue price: The bond will be issued at par value.
7.Issuance period:5 years.
8.Coupon rate: Annual fixed coupon rate is 1.75%. If a Trigger Event occurs on the Target
Observation Date, a step-up mechanism will be applied pursuant to the terms and
conditions mentioned in the issuance rules of this bond.
9.Types, names, monetary values and stipulations of collaterals:Nil
10.Use of the funds raised by the offering and utilization plan:
To pay off short-term borrowings or current portion of long-term liabilities and provide
cash to meet medium and long-term financing needs from the Company, in order to
improve overall financial structure.
11.Underwriting method: Public offering through underwriters.
12.Trustees of the corporate bonds: Bank SinoPac
13.Underwriter or agent: Yuanta Securities Co. LTD.
14.Guarantor(s) for the issuance:Nil
15.Agent for payment of the principal and interest: Far Eastern International Bank
16.Certifying institution:Nil
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions:NA
19.Buyback conditions:NA
20.Reference date for any additional share exchange, stock swap, or subscription:NA
21.Possible dilution of equity in case of any additional share exchange, stock swap, or subscription:NA
22.Any other matters that need to be specified:Nil