E.Sun Financial sells $106 million of GDRs

The deal comes on the back of investor meetings in Hong Kong earlier this week and is priced at a 4% discount to the latest market price.
October 18, 2012

Taiwan’s E.Sun Financial Holding Co has raised $105.8 million from the sale of global depositary receipts (GDRs) to help strengthen its capital ratios and fund future expansion.

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