BOK issues the 2nd non-cumulative perpetual
subordinated financial debentures in 2022 with total
amount of NT$ 405,000,000.
Date of events
2022/06/20
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:BOK issues the 2nd of non-cumulative perpetual
subordinated financial debentures in 2022.
3.Whether to adopt shelf registration (Yes/No):NO
4.Total amount issued:NT$ 405,000,000.
5.Face value per bond:NT$ 1,000,000.
6.Issue price:Par.
7.Issuance period:Issue date 2022/06/29. No maturity date.
8.Coupon rate:Fix rate at 3.00% per annual.
9.Types, names, monetary values and stipulations of collaterals:None.
10.Use of the funds raised by the offering and utilization plan:To enhance the
financial structure and contribute to the Capital Adequacy Ratio of BOK.
11.Underwriting method:None.
12.Trustees of the corporate bonds:None.
13.Underwriter or agent:None.
14.Guarantor(s) for the issuance:None.
15.Agent for payment of the principal and interest:Taipei Branch of BOK.
16.Certifying institution:None.
17.Where convertible into shares, the rules for conversion:Not applicable.
18.Sell-back conditions:None.
19.Buyback conditions:After five years of issuance, BOK may redeem the debts
of whole principal together with any interest payment subject to regulator's
approval, meet one of the following conditions,1.provided that the
post-redemption BIS ratio of BOK is above the legal requirement,2.The
original capital instruments are replaced with equal or higher quality
capital instruments.BOK shall promptly notify such early redemption 30 days
ahead of time.
20.Reference date for any additional share exchange, stock swap, or
subscription:Not applicable.
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:Not applicable.
22.Any other matters that need to be specified:None.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Bank of Kaohsiung Ltd. published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 06:53:05 UTC.
Bank of Kaohsiung, Ltd. (the Bank) is a Taiwan-based commercial bank. The Bankâs businesses consist of wealth management business, including various financial products and services; consumer banking business, including mortgage loans, individual credit loans, tuition loans and credit cards; corporate banking business, including loans for capital expenditure, project loans, issuance of local letters of credit, guarantees, acceptances and others; electronic financial business, including Web banks, telephone voice services, financial electronic data interchange and others; foreign exchange business, including foreign currency deposit, foreign currency loans, remittances and others; trust business, including trust of securities, custody services and others; investing business, including transactions of stocks, beneficiary certificates for funds, short-term bills, preferred stocks with fixed income, government bond, corporate bond and others, as well as gold passbook business.