Taiwan Power Co. has raised $571.3 million through a sale of corporate bonds, Taipei Times reports. The state-run company issued $244.97 million of five-year bonds, $98 million of seven-year bonds and $228.6 million 10-year debts.

Taiwan Power will use the raised money to support its capital requirements. So far in 2011, the company has sold $2.41 billion of bonds to finance capital expenditures on power generation.

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