1. Board Resolution Date: N/A 2. Name (e.g., XX Company's Xth Secured/Unsecured Corporate Bond): FUBON LIFE SINGAPORE PTE. LTD. 15-Year Unsecured Cumulative Subordinated Ordinary Corporate Bond 3. Whether the issuance is under a blanket registration (Yes/No): No 4. Total Issuance Amount: USD 350 million 5. Denomination per Note: USD 200,000; amounts exceeding this must be in multiples of USD 1,000 6. Issue Price: 99.404 (effective yield of 5.95%) 7. Tenor: 15 years 8. Interest Rate: Fixed rate at 5.87% per annum 9. Type, Name, Amount, and Terms of Collateral: Not applicable 10. Use of Proceeds and Allocation Plan: To strengthen the operational capital, financial and capital structure of Fubon Life Insurance Co., Ltd., and maintain capital adequacy 11. Underwriting Method: Offered outside the United States in accordance with Regulation S under the U.S. Securities Act 12. Trustee: Citicorp International Limited 13. Underwriters or Distributors: Citigroup Global Markets Singapore Pte. Ltd., Credit Agricole Corporate and Investment Bank, Singapore Branch, J.P. Morgan Securities Asia Private Limited, Morgan Stanley Asia (Singapore) Pte 14. Issuance Guarantor: Fully guaranteed by Fubon Life Insurance Co., Ltd. 15. Paying Agent: Citibank, N.A., London Branch 16. Certification Agency: Not applicable 17. Conversion Terms (if convertible into shares): Not applicable 18. Put Option: None 19. Call Option: After 10 years from issuance, the issuer may redeem the notes in full at par plus accrued interest based on actual days, provided that Fubon Life's capital adequacy ratio exceeds the statutory minimum and prior approval is obtained from the guarantor's regulatory authority 20. Share Conversion Benchmark Date (if applicable): Not applicable 21. Potential Dilution of Equity (if applicable): Not applicable 22. Justification and Necessity of Fundraising Following Cash Capital Reduction (if applicable in current or prior year): Not applicable 23. Other Disclosures: The USD-denominated bond was priced on July 21, 115 (NY time), with Fubon Life Insurance Co., Ltd. serving as guarantor

FACT BOX

  • Source: PR Times
  • Category: Funding
  • Organizations: FUBON LIFE SINGAPORE PTE. LTD. / Citigroup / Credit Agricole