Da-Cin Construction (TPE:2535) board approved the issuance of NT$2 billion in five-year secured corporate bonds.
The bonds will be issued at face value with a fixed interest rate to be determined.
Proceeds will be used to repay the company's first secured corporate bonds issued in 2021.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.