Horizon Securities Co., Ltd. announced that it expects to receive TWD 7 billion in funding
April 14, 2021
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Horizon Securities Co., Ltd announced a private placement of 70,000 first domestic unsecured convertible corporate bonds at an issue price of NTD 100,000 per bond for gross proceeds of up to NTD 7,000,000,000 on April 15, 2021. The bonds have a coupon rate of 0% and have an issuance period of 5 years. The transaction has been approved by the board of directors of the company.
HORIZON SECURITIES CO., LTD. is a Taiwan-based company principally engaged in securities business. The Company conducts its businesses through Securities Broking, Security Underwriting and Proprietary Business segments. The Company is engaged in stock broking, securities financing, security-related futures trading, economy and finance research and analysis, bond trading, financial derivative products development and others. It provides its products and services to ordinary investors, corporate investors, listed companies and foreign investors. The Company conducts its businesses primarily in Taiwan.