Da-Li Development Co.,Ltd. Approves Issue Corporate Bonds
July 21, 2021 at 11:06 am
Share
Da-Li Development Co.,Ltd. Approved to Issue Corporate Bonds. Name: DA-LI DEVELOPMENT CO.,LTD. 2st Secured Corporate Bond Issue in 2021. Total amount issued: Not exceed TWD 10 billion. Face value per bond: TWD 1 million. Issue price: To be issued at full face value. Issuance period: 5 years 7. Coupon rate: Fixed interest rate at 0.55% per annum. Types, names, monetary values and stipulations of collaterals: Bank guarantee. Use of the funds raised by the offering and utilization plan: Repay 1st Secured Corporate Bond Issue in 2016. Trustees of the corporate bonds: LAND Bank of Taiwan Co.,Ltd. Underwriter or agent: BankTaiwan Securities Co.,Ltd. Guarantor(s) for the issuance: Taiwan Business Bank Co.,Ltd.
DA-LI DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the development, construction, leasing and sales of properties. The Companyâs principal businesses include the development and trading of residential buildings, such as houses, suites, villas, private clubs and parking spaces. The Company is also involved in the development of lands and the cities renewal and reconstruction businesses. The Company mainly operates its business in domestic markets, include the Taipei City, Hsinchu County, Taichung City and Kaohsiung City.