Chinatrust completes CB

The Taiwanese financial holding company takes an extremely pragmatic approach to what can be achieved.

After competing head to head with Sinopac Financial Holdings to launch the next finance convertible from Taiwan, Chinatrust successfully managed to clear a $350 million offering yesterday (Monday). However, it only managed to do so after considerably scaling back its ambitions to the extent of cutting the issue size in half and pricing a defensive deal at the wide end of terms.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media