Provided by: THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD.
SEQ_NO
2
Date of announcement
2022/08/13
Time of announcement
15:03:31
Subject
Announced to apply for issuing USD 20 million senior
unsecured currency-linked Financial Debentures
Date of events
2022/08/13
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/08/13
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:The Shanghai Commercial & Savings Bank Ltd.
USD 20 million senior unsecured currency-linked
Financial Debentures
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:USD 20,000,000
5.Face value per bond:USD 50,000
6.Issue price:Issue at 100% of the face value.
7.Issuance period:Depending on the actual market conditions.
8.Coupon rate:Depending on the level of the market interest rate and
the Bank's funding conditions.
9.Types, names, monetary values and stipulations of collaterals:None
10.Use of the funds raised by the offering and utilization plan:
In order to meet the short-term funds demand
11.Underwriting method:Undecided
12.Trustees of the corporate bonds:None
13.Underwriter or agent:Undecided
14.Guarantor(s) for the issuance:None
15.Agent for payment of the principal and interest:
The Shanghai Commercial & Savings Bank Ltd.
16.Certifying institution:None
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions:None
19.Buyback conditions:None
20.Reference date for any additional share exchange, stock swap, or
subscription:NA
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:NA
22.Any other matters that need to be specified:None
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Disclaimer
Shanghai Commercial & Savings Bank Ltd. published this content on 13 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2022 07:22:05 UTC.
The Shanghai Commercial & Savings Bank, Ltd. is a Taiwan-based private bank. The Bank's businesses are involved in deposit business which handles personal and corporate deposit business; wealth management business which provides wealth management products and consulting services for high-value customers; corporate financial business which handles corporate credit, foreign exchange and international financial business; personal financial business which handles consumer loan and credit card business such as personal housing loan and micro-credit loan; trust business which handles trust business and subsidiary businesses; investment business which handles financial asset investment and equity investment business; digital financial services which provides 24-hour ATM, online banking, mobile banking and telephone customer services. The Bank operates branches in the domestic market, Hong Kong and overseas markets such as Vietnam and Singapore.
THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD. 
