In order to increase its operating capital and ensure a stable power supply, Taipower’s Board of Executive Directors approved the issuance of NT$20.8 billion in unsecured common corporate bonds in Q1 2023, to be released in mid-January of next year (2023).

Taipower stated that the terms of the corporate bond issue are as follows:

1. 3-year unsecured common corporate bonds: NT$6.4 billion with interest rate of 1.60%, fixed interest rate, interest payable once a year, and principal repayment at maturity.
2. 5-year unsecured common corporate bonds: NT$8.0 billion with interest rate of 1.65%, fixed interest rate, interest payable once a year, and principal repayment at maturity.
3. 7-year unsecured common corporate bonds: NT$3.2 billion with interest rate of 1.80%, fixed interest rate, interest payable once a year, and principal repayment at maturity.
4. 10-year unsecured common corporate bonds: NT$3.2 billion with interest rate of 1.90%, fixed interest rate, interest payable once a year, and principal repayment at maturity.
5. The issuance of the corporate bonds shall be confirmed after the effective filing.

Spokesperson: Wu Chin-Chung, Chief Engineer

Telephone: (02) 2366-6271 / 0910-192-766

Email: u850899@taipower.com.tw

Contact Person: Chen Li-Chen, Director, Finance Department

Telephone: (02) 2366-6810 / 0932-338-770

Email: u048292@taipower.com.tw