The Rising Influence of Rising Affluence

[jbog]

"""This offering is expected to be sold to professional institutional investors in Taiwan, with application to be made to list the notes on the Gre Tai Securities Market. Completion of the offering is subject to customary conditions to closing."""

I'm wondering why the rate was so high and why did they have to issue this in taiwan? I know they were down graded last year but not to this extent.