To enhance operational funds and debt repayment, ensuring a stable power supply, the Taipower Board of Executive Directors has approved the issuance of the 4th tranche of unsecured common corporate bonds for FY2023, totaling NT$21.95 billion, scheduled for mid-August.

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

1. 3-year unsecured common corporate bonds: Issued at a fixed interest rate of 1.45%, with a total of NT$3.2 billion. The interest is calculated at a fixed rate, payable annually, with the principal repaid at maturity.
2. 5-year unsecured common corporate bonds: Issued at a fixed interest rate of 1.57%, with a total of NT$8.3 billion. The interest is calculated at a fixed rate, payable annually, with the principal repaid at maturity.
3. 7-year unsecured common corporate bonds: Issued at a fixed interest rate of 1.63%, with a total of NT$4.4 billion. The interest is calculated at a fixed rate, payable annually, with the principal repaid at maturity.
4. 10-year unsecured common corporate bonds: Issued at a fixed interest rate of 1.72%, with a total of NT$6.05 billion. The interest is calculated at a fixed rate, payable annually, with the principal repaid at maturity.
5. The issuance of the bonds in this tranche is subject to confirmation after the filing becomes effective.

Spokesperson: Chief Engineer Wu Chin-Chung

Contact Number: (02)2366-6271/0910-192-766

E-mail: u850899@taipower.com.tw

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

Contact Number: (02)2366-6810/0932-338-770

E-mail: u048292@taipower.com.tw