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2539 — Sakura Development News Story

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Brief: Sakura Development to issue convertible bonds to raise up to T$501 mln

May 4 (Reuters) - Sakura Development Co Ltd  2539.TW  
    
    * Says it will issue first series domestic secured
convertible
corporate bonds and second series domestic unsecured convertible
corporate bonds, to raise up to T$501 million in total, with a
term of 5 years 
    * Proceeds will be used to repay loans 

    
    Source text in Chinese:https://goo.gl/ovMt54;
https://goo.gl/hJN45u
    Further company coverage: 2539.TW 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; + 8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))

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