Tag: chinatrust

Taiwan's Chinatrust Financial Holdings will buy 30% of Nan Shan Life Insurance from the Primus-led consortium for $660 million. The $1.5 billion leveraged buyout financing for MBK Partners’ purchase of China Network Systems will be one of the larger private-equity financings ever completed in Asia. Concerns over aggressive growth in unsecured consumer loans prompt Fitch to lower its outlook for Taiwan's Chinatrust, Taishin banking groups and Far Eastern International Bank. After months haggling with the regulator, Chinatrust finally completes Taiwan''s first offshore sub debt deal. The Taiwanese bank becomes the first to attempt on offshore bond with a complex cumulative perpetual subordinated issue. The bank becomes the latest Taiwanese entity to confirm securitization plans. The Taiwanese financial holding company takes an extremely pragmatic approach to what can be achieved. Not many banks are willing to offer trade finance without the security of a letter of credit. Chinatrust Bank steps up to the plate to offer multi-country financing for ...