Provided by: Fubon Financial Holding Co., Ltd.
Announced by Fubon FHC on behalf of TAIPEI FUBON BANK to issue NT$18 billion (or the equivalent in other currencies) subordinated financial debentures.
Date of events
What element he answers
1.Date of the board of directors resolution:2021/12/22 2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]:The year 2022 plan for perpetual non-cumulative and long-term subordinated financial debentures. 3.Total amount issued:Up to NT$18 billion (or the equivalent in other currencies), which perpetual non-cumulative subordinated financial debentures up to NT$11 billion (or the equivalent in other currencies) and long-term financial debentures up to NT$7 billion (or the equivalent in other currencies). 4.Face value per bond:The face value of each debenture is NT$10 million or integral multiple thereof. If the debenture is issued in foreign currency, the face value shall be determined according to the requirement of minimum trading unit or its integral multiple provided in the relevant regulations, and not less than the equivalent of NT$10 million. 5.Issue price:Issue at 100% or at discount or in premium of the face value. 6.Issuance period:(1) Non-cumulative perpetual subordinated debentures and (2) long-term subordinated debentures is no shorter than 5 years from issue date, depending on market conditions, TAIPEI FUBON BANK's funding conditions and capital adequacy level. 7.Coupon rate:The interest rate can be fixed rate or floating rate or zero coupon rate or in structuring, depending on the market condition. 8.Types, names, monetary values and stipulations of collaterals:None. 9.Use of the funds raised by the offering and utilization plan:In order to meet the mid or long-term funds need, to raise the capital adequacy ratios and strengthen the asset liability structure of the bank. 10.Underwriting method:To be determined. 11.Trustees of the corporate bonds:None. 12.Underwriter or agent:To be determined. 13.Guarantor(s) for the issuance:None. 14.Agent for payment of the principal and interest:TAIPEI FUBON BANK or the designated agent will make payment to debenture holders. 15.Certifying institution:None. 16.Where convertible into shares, the rules for conversion:NA 17.Sell-back conditions:None. 18.Buyback conditions:The financial debentures may be redeemed before maturity or be bought from the market by the Bank, if the financial debenture meets all the conditions mentioned in ��Regulations Governing the Capital Adequacy and Capital Category of Banks��. 19.Reference date for any additional share exchange, stock swap, or subscription:NA 20.Possible dilution of equity in case of any additional share exchange, stock swap, or subscription:NA 21.Any other matters that need to be specified:The Bank may issue the financial debentures in installments to meet its financial needs in the one-year period after the Financial Supervisory Commission approves the financial debentures proposal.
Fubon Financial Holdings Co. Ltd. published this content on 22 December 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 22 December 2021 10:32:08 AM UTC.
Public now 2021
Technical analysis trends FUBON FINANCIAL HOLDING CO., LTD.
|Short term||Mid Road||Long term|
Evolution of the income statement
|Number of analysts||13|
|Last closing price|
NT $ 74.80
|Average price target|
NT $ 75.45
|Spread / Average target||0.86%|