CDF announced the board resolution approving the issuance of unsecured subordinated corporate bonds.

2017-07-07
Announcements

 Date of announcement  2017/07/07
Time of announcement  22:12:02
 
Date of events   2017/07/07 
To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2017/07/07
2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】: Unsecured subordinated corporate bonds of CDF in 2017.
3.Total amount of the issue: Not exceeding NTD10 billion. The CEO is authorized to issue the bonds in one or several tranches, depending on market conditions.
4.Face value:NTD 1 million.
5.Issue price:100 percent of par value.
6.Issue period:Not exceeding 20 years, to be determined by the CEO.
7.Issue coupon/interest rate: To be determined by the CEO, depending on market conditions.
8.Types, names, monetary amounts of security or collateral and stipulations thereupon:NA
9.Use of the funds raised by the offering and utilization plan: To partially fund the acquisition of the common shares of China Life Insurance Co., Ltd.
10.Underwriting method:Public offering by underwriters.
11.Trustees for the bonds:To be determined by the CEO.
12.Underwriter or distributing agent institution: KGI Securities Co., Ltd. and KGI Bank Co., Ltd.
13.Guarantor(s) for the issue:NA
14.Institution serving as agent for payment of the principal and interest: To be determined by the CEO.
15.Certifying institution:NA
16.Where convertible into shares, the rules for conversion:NA
17.Conditions of the investors’put:NA
18.Conditions of the issuer’s call:To be determined by the CEO.
19.The record date for share conversion, if conversion, exchange, or subscription rights are attached:NA
20.Possible dilution of equity, if conversion, exchange, or subscription rights are attached:NA
21.Any other matters that need to be specified: After obtain approval from the competent authorities, this bond might be listed on TPEx.