Brief: Cathay Financial Says Life Insurance Unit To Raise $25 Mln Via Bond
25/09/2023 08:16
Sept 25 (Reuters) - Cathay Financial Holding Co Ltd
2882.TW :
* SAYS UNIT CATHAY LIFE INSURANNCE TO RAISE $25 MILLION VIA
SUBORDINATED BOND
* SAYS PROCEED FROM THE BOND SALE WOULD BE USED TO
STRENGTHEN
UNIT'S FINANCIAL STRUCTURE
* SAYS THE 10-YEAR BOND WOULD BE PRICED AT 6.1% YIELD
Source text for Eikon: ID:nMOP7QYrr8
Further company coverage: 2882.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))
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