Wed, Dec 11, 2013 - Page 13 News List

FSC investigates Formosa bonds underpricing claims

TIP-OFF:Two state-run banks allegedly lowered underwriting fees and coupon rates in an attempt to facilitate sales of Formosa bonds issued by Chinese banks

By Crystal Hsu  /  Staff reporter, with CNA

Thus far, four Taiwanese companies and one German bank, along with the four Chinese banks, have issued a total of 10.6 billion yuan in Formosa bonds in Taiwan.

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