Jourdeness Group Limited announced that its board has approved the issuance of the 4th secured convertible corporate bonds in Taiwan. The total face value is capped at NT$600 million with a 3-year maturity and 0% coupon rate. The bonds will be sold via competitive bidding. Proceeds are designated to repay the 3rd unsecured convertible bonds being redeemed by holders. Land Bank of Taiwan will act as the guarantor.
FACT BOX
- Source: PR Times
- Category: financial