Announcement of the major terms of UPC 1st Secured
Corporate Bond Issue in 2022 (111-1).
Date of events
2022/07/18
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)]:
UPC TECHNOLOGY CORPORATION 1st Secured Corporate Bond Issue in 2022
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:
Total amount NT$3 billion; comprised of NT$1.5 billion Tranche A,
NT$1 billion Tranche B and NT$0.5 billion Tranche C
5.Face value per bond:NT$1 million
6.Issue price:100% of the face value
7.Issuance period:All Tranches are 5 years
8.Coupon rate:All Tranches fixed rate at 1.8% p.a.
9.Types, names, monetary values and stipulations of collaterals:
Bank guarantee
10.Use of the funds raised by the offering and utilization plan:
To repay financial institution loan
11.Underwriting method:Public offering through underwriters
12.Trustees of the corporate bonds:Bank Sinopac Company Limited
13.Underwriter or agent:Mega Securities Co., Ltd. as lead underwriter.
14.Guarantor(s) for the issuance:
Tranche A: Mega International Commercial Bank Co., Ltd., Tranche B:
Bank of Taiwan Co., Ltd. and Tranche C: Hua Nan Commercial Bank, Ltd.,
according to the entrustment guarantee contract signed by the individual
and the performance of the corporate bonds guarantee contract.
15.Agent for payment of the principal and interest:
Mega International Commercial Bank Co., Ltd. Foreign Dept.
16.Certifying institution:NA
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions:NA
19.Buyback conditions:NA
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:
Announcement of the major terms of the UPC 1st Secured Corporate Bond
Issue in 2022 subsequent to 2022/5/5 UPC Board of Directors' approval
of the issuance of secured corporate bonds.
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UPC Technology Corporation published this content on 18 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2022 07:13:02 UTC.
UPC TECHNOLOGY CORPORATION is a Taiwan-based company principally engaged in the manufacture and distribution of chemical products. The Companyâs main products include phthalic anhydride (PA), maleic anhydride (MA), diisononyl phthalate (DINP), fumaric acid (FA), unsaturated polyester resins (UPR), poly ethylene (PE), polyester polyol, polyvinyl chloride (PVC) and epoxy resins, among others. The Company operates its businesses through six geographical segments, including Eastern China, Southern China, Northern China, Central China, Taiwan and Other Regions.