Brief: Hua Nan Financial Says Banking Unit To Issue Subordinated Bond For T$8 Billion

HUA NAN FINANCIAL HOLDINGS

30/01/2024 24:14

Jan 30 (Reuters) - Hua Nan Financial Holdings Co Ltd
 2880.TW :
    * SAYS BANKING UNIT TO ISSUE SUBORDINATED BOND FOR T$8
BILLION
($256.4 MLN) 
    * SAYS PROCEEDS FROM THE 10-YEAR SUBORDINATED BOND WOULD BE
USED
TO STRENGTHEN FINANCIAL POSITION TO MEET MID- TO LONG-TERM
BUSINESS NEEDS

Source text for Eikon:  ID:nMOP8rMWC5 
Further company coverage:  2880.TW 

 (Reporting by Faith Hung)
 ((faith.hung@thomsonreuters.com;))