TAIPEI, March 15, 2022 /PRNewswire/ -- Chunghwa
Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the
Company) today issued the Sustainability Bond ("SB") and hosted a
listing ceremony at the Taipei Exchange office building. The SB is
the first sustainable bond issued by Taiwan telcos, making the Company among front
runners that issued sustainable bonds in global telecom sector.
The SB issue amount has a maturity of 5 years and coupon rate
fixed at 0.69% with a face value of NT$3.5
billion. The raise from the initial planning of NT$3.0 billion to NT$3.5
billion is due to enthusiastic investor subscription, making
the bond as the largest SB in the domestic non-manufacturing
sector. In addition, the SB is priced at a relatively lower
interest rate, despite of headwinds of rising interest rates around
the world, representing high market support and recognition.
Chunghwa continues to promote the sustainable development of
enterprises with numerous projects focused on environmental
sustainability and social responsibility. The Company is the first
domestic telecom operator in Taiwan to obtain both ISO 14067 and ISO 14046
environment management certifications and the first domestic
telecom operator to institute sustainable supply chain management.
In regards to social responsibility, Chunghwa continues to focus
its investment on telecom service access to close the digital
divide and create digital opportunities, while supporting
government initiatives to protect its citizens' fundamental rights
to communications. In particular, last year, the Company quickly
established the pandemic prevention team to confront the sudden
COVID-19 outbreak in Taiwan and
developed the "QR code for real-name registration system" and the
"Quarantine monitoring system." In the meantime, Chunghwa provided
high-quality broadband connection with fixed, mobile and Wi-Fi
services to help its users safely navigate the pandemic period.
To pursue its Sustainable Development vision of Environment,
Ecology, Economy and Socialization, all funds raised from the SB
will be used exclusively to green and social projects. The Company
aims to achieve its Sustainable Development Goals through the
integration of business operations and finance plans, such as
sustainable bonds.
Note: Sustainable bonds is categorized into green bonds, social
bonds and sustainability bonds according to the use of proceeds.
Sustainability bond is issued and the proceeds are used exclusively
for green and social projects.
About Chunghwa Telecom
Chunghwa Telecom (TAIEX 2412, NYSE: CHT) ("Chunghwa" or "the
Company") is Taiwan's largest
integrated telecommunications services company that provides
fixed-line, mobile, broadband, and internet services. The Company
also provides information and communication technology services to
corporate customers with its big data, information security, cloud
computing and IDC capabilities, and is expanding its business into
innovative technology services such as IoT, AI, etc. Chunghwa has
been actively involved in corporate social responsibility and has
won numerous international and domestic awards and recognitions.
For more information, please visit our website at
www.cht.com.tw
Contact: Angela
Tsai (Senior Director, Investor and Media Relations),
+886-2-2344-3252
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SOURCE Chunghwa Telecom