Brief: Yuen Chang Stainless Steel to issue 1st series domestic secured convertible corporate bonds of T$300 mln

Yuen Chang Stainless Steel

28/06/2016 13:00

June 28 (Reuters) - Yuen Chang Stainless Steel  2069.TW : 
     
    * Says it will issue the 1st series domestic secured 
convertible corporate bonds, worth T$300 million 
    * Says par value and issue price of T$100,000 for the bonds 
    * Maturity period of three years for the bonds and coupon 
rate is 0 percent 
    * Proceeds to be used to repay bank loans 
     
     
    Source text in Chinese: http://985.so/4cEn 
    Further company coverage: 2069.TW  
 
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