May 20 (Reuters) - Pacific Construction 2506.TW :
* Says it to issue 1st series domestic secured corporate
bonds of T$300 million with a term of 5 years
* Says par value and issue price is T$1 million
* Says the interest rate is 1.15 percent
* Says the proceeds to be used to improve financial
structure, repay bank loan and enrich operating funds
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Keywords: PACIFIC CONSTRUCTION/BRIEF