YeaShin International Development Co. Ltd.

06/21/2022 | Press release | Distributed by Public on 06/21/2022 03:49

The Board of Directors resolved to issue the first secured corporate bonds for 2022.

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Provided by: YeaShin International Development Co., Ltd.
SEQ_NO 1 Date of announcement 2022/06/21 Time of announcement 17:46:29
Subject
 The Board of Directors resolved to issue
the first secured corporate bonds for 2022.
Date of events 2022/06/21 To which item it meets paragraph 11
Statement
1.Date of the board of directors resolution:2022/06/21
2.Name [issue no.__ of (secured, unsecured) corporate
bonds of ___________ (company)]:Yeashin International Development Co., Ltd.
First secured corporate bonds for 2022.
3.Whether to adopt shelf registration(Yes/No):No
4.Total amount issued:NT$1 billion.
5.Face value per bond:NT$1 million.
6.Issue price:To be issued with the full price of the face value.
7.Issuance period:3-year period
8.Coupon rate:Fixed annual percentage rate 1.85%
9.Types, names, monetary values and stipulations of collaterals:
Bank guarantee
10.Use of the funds raised by the offering and utilization plan:
Repayment of borrowings from financial institutions
11.Underwriting method:
Securities underwriter commissioned to offer publicly through allocation
by negotiated sales (professional investor).
12.Trustees of the corporate bonds:Jih Sun International Commercial Bank
13.Underwriter or agent:Taichung Bank Securities Co., Ltd.
14.Guarantor(s) for the issuance:Taichung Commercial Bank Co., Ltd.
15.Agent for payment of the principal and interest:Taichung Commercial Bank
Co., Ltd. - Zhongshan Branch
16.Certifying institution:Dematerialized issuance, nonapplicable.
17.Where convertible into shares, the price and the rules for conversion:NA
18.Sell-back conditions:None
19.Buyback conditions:None
20.Reference date for any additional share exchange,
stock swap, or subscription:NA
21.Possible dilution of equity in case of any additional
 share exchange, stock swap, or subscription:NA
22.Any other matters that need to be specified:
All regulations shall conform to relevant law and decree, with the report to
the competent authority for approval and through an additional announcement.