Fubon Financial Announces Plan for Subsidiary Fubon Securities to Issue Up to NT$20 Billion in Unsecured Corporate Bonds
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AI Summary (NQ-processed)
Fubon Financial Holding announced that its board of directors has resolved a plan for its subsidiary, Fubon Securities, to issue up to NT$20 billion in unsecured ordinary corporate bonds. The purpose is to strengthen the financial structure and enhance the capital adequacy ratio. The bonds will have a maturity of up to 10 years and an application will be made for them to be traded on the Taipei Exchange (TPEx).