CTBC Financial Holding Co., Ltd. announced the board resolution approving the issuance of unsecured corporate bonds
1.Date of the board of directors resolution:2025/05/23
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:Unsecured corporate bonds of CTBC Financial
Holding Co., Ltd.
3.Whether to adopt shelf registration (Yes/No):Yes
4.Total amount issued:The maximum amount of total issuance is NT$40 billion,
which unsecured subordinated corporate bonds up to NT$20 billion.
The Company may submit the shelf registration statement
for issuing corporate bonds to the FSC for effective registration, and
the amount approved can be issued in several stages depending on market
conditions. The issuance shall be completed within 2 years counting from
the date of effective registration.
5.Face value per bond:The Chairman or designated person is authorized to
decide.
6.Issue price:100% Face value.
7.Issuance period:No longer than 20 years.
8.Coupon rate:Depending on market conditions.
9.Types, names, monetary values and stipulations of collaterals:None
10.Use of the funds raised by the offering and utilization plan:
To repay the outstanding debt and bond matured in 2025 and 2026, to
replenish working capital, and to strengthen capital structure.
11.Underwriting method:Public offering by underwriters.
12.Trustees of the corporate bonds:The Chairman or designated person is
authorized to decide.
13.Underwriter or agent:CTBC Bank Co., Ltd. as the lead underwriter.
14.Guarantor(s) for the issuance:None
15.Agent for payment of the principal and interest:The Chairman or
designated person is authorized to decide.
16.Certifying institution:None
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions: None
19.Buyback conditions:None
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:After approved by the
competent authorities, this bond may apply to the Taipei Exchange
for listing.