Provided by: YUNGSHIN CONSTRUCTION & DEVELOPMENT CO.,LTD.
SEQ_NO
1
Date of announcement
2022/05/31
Time of announcement
14:02:50
Subject
To explain 2022/2/25 announcement of issuance of ordinary
corporate bonds
Date of events
2022/05/31
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate
bonds of ___________ (company)]:
YUNGSHIN CONSTRUCTION & DEVELOPMENT CO., LTD.
1st Secured Corporate Bond Issue in 2022
3.Whether to adopt shelf registration(Yes/No):No
4.Total amount issued: NT$ 590 million, comprised of NT$400 million Tranche A
and NT$190 million Tranche B.
5.Face value per bond: NT$ 1 million
6.Issue price:At par value
7.Issuance period:5-year
8.Coupon rate:
Tranche A - Fixed rate at 1.80% p.a.,
Tranche B - Fixed rate at 1.85% p.a.
9.Types, names, monetary values and stipulations of collaterals:
Banks secured.
10.Use of the funds raised by the offering and utilization plan:
To repay bank debts.
11.Underwriting method: Public offering through underwriting.
12.Trustees of the corporate bonds: Bank Sinopac Company Limited
13.Underwriter or agent: Mega Securities Co., Ltd.
14.Guarantor(s) for the issuance:
Tranche A - Mega International Commercial Bank
Tranche B - Yuanta Commercial Bank Co., Ltd.
15.Agent for payment of the principal and interest:
Mega International Commercial Bank San Min Branch
16.Certifying institution:N/A
17.Where convertible into shares, the price and the rules for conversion:N/A
18.Sell-back conditions:N/A
19.Buyback conditions:N/A
20.Reference date for any additional share exchange,
stock swap, or subscription:N/A
21.Possible dilution of equity in case of any additional
share exchange, stock swap, or subscription:N/A
22.Any other matters that need to be specified:None.
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Yungshin Construction & Development Co. Ltd. published this content on 31 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2022 06:29:07 UTC.
YUNGSHIN CONSTRUCTION & DEVELOPMENT CO, LTD. is a Taiwan-based company principally engaged in real estate businesses. The Company's main businesses consist of the development, construction, sales and leasing of residential buildings and commercial buildings, the trading of construction materials, as well as the design and construction of interior decoration projects. The Company's products include housing buildings and villas. It also provides aftermarket repairing service. The Company operates its businesses mainly in Kaohsiung, Taiwan.