"proceed to issue" is correct and usable in written English.
You can use it to give the idea of taking a specific action in order to resolve a problem or complete a task. For example, "We will proceed to issue a refund of the purchase price to the customer."
With that in hand, EPA proceeded to issue a set of major new rules.
"I feel sympathetic to the folks, compassionate to the folks who fall silent in that fear," said Mr. Hoffman, who then proceeded to issue a call to arms.
The generals also proceeded to issue their own interim constitution, entrenching their power while all but eviscerating the authority of the new president.
Canada has had such success with their $1 coin, or "loonie" (worth about $0.65), that they proceeded to issue a $2 coin, or "twoonie". Japan uses coins for denominations up to 500 yen $4.500).
The board proceeded to issue bonds with which to refund these debts.
They ignored my request and proceeded to issue the criminal more credit, forcing me to leave the hospital and risk my life to stop this ruthless attack.
The Department of Fisheries and Oceans proceeded to issue two temporary licences to Native Communities in CFA 23 and two permanent licences in CFA 24 during 1997.
Then the lenders use the proceeds to issue more loans to consumers.
He also urged his EU partners to recognise that now was the time to allow the talks to proceed to the issue of the future relationship between the UK and the EU by recognising that "the British are being pretty positive here and it is time to move the conversation forward".
We then proceed to the issue of unilateral fair valuation of a given contract by the hedger who is endowed with an initial capital.
