CDF, on behalf of KGI Bank, announced the issuance of subordinated unsecured debentures and non-cumulative perpetual subordinated debentures

2018-10-25
Announcements

Date of announcement  2018/10/25
Time of announcement  17:24:12

 
Date of events   2018/10/25 
To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2018/10/25
2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】:
KGI bank perpetual non-cumulative and subordinated
unsecured financial debentures.
3.Total amount of the issue:
Up to TWD10 billion, which non-cumulative perpetual
subordinated financial debentures up to TWD5 billion
4.Face value:To be determined based on market status
with minimum face value of NT$100,000.
5.Issue price:To be determined by president based on
market status.
6.Issue period:Long-term subordinated debentures is no
shorter than 5years from issue date and non-cumulative
perpetual subordinated debentures. To be determined
by president.
7.Issue coupon/interest rate:Fixed rate, floating
rate or zero coupon. To be determined by
president based on market status.
8.Types, names, monetary amounts of security or collateral and stipulations
  thereupon:none
9.Use of the funds raised by the offering and utilization plan:
To support business development and  enhance BIS ratio.
10.Underwriting method:To be determined.
11.Trustees for the bonds:none
12.Underwriter or distributing agent institution:To be
determined.
13.Guarantor(s) for the issue:none
14.Institution serving as agent for payment of the principal and interest:
To be determined.
15.Certifying institution:to be determined.
16.Where convertible into shares, the rules for conversion:N/A
17.Conditions of the investors’put:none
18.Conditions of the issuer’s call:
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
Article 8 or 9 of “Regulations Governing the
Capital Adequacy and Capital Category of Banks”.
Repurchase conditions are determined by
president based on market status.
19.The record date for share conversion, if conversion, exchange, or
   subscription rights are attached:N/A
20.Possible dilution of equity, if conversion, exchange, or subscription
   rights are attached:N/A
21.Any other matters that need to be specified:
The action is subject to the approval of the competent
authorities and the final issuance amount will be
determined in accordance with the approval.
 

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