Brief: Cathay Financial Holding Says Life Insurance Arm Raises T$44 Bln
15/04/2024 08:35
April 15 (Reuters) - Cathay Financial Holding Co Ltd
2882.TW :
* SAYS LIFE INSURANCE ARM RAISES T$44 BILLION ($1.36 BLN)
VIA
SUBORDINATED BOND ISSUE
* SAYS BOND ISSUE IS PRICED AT YIELDS OF 3.7%, 3.85%,
RESPECITVELY
* SAYS PROCEEDS WOULD BE USED TO STRENTHEN FINANCIAL
POSITION
Source text for Eikon: ID:nMOP3ttBvz
Further company coverage: 2882.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))
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