By Rebecca Melvin
Concord, N.H., March 25 – Weikeng Industrial Co. Ltd. priced NT$2 billion 0% five-year domestic convertible bonds at par, according to a notice on Friday.
The company will use the proceeds to repay overseas subsidiaries’ bank loans.
Hua Nan Securities is underwriter of the bonds.
The company is awaiting final issuance approval and applying to the Taipei Exchange for listing and trading.
The semiconductor components company is based in Taiwan.
| Issuer: | Weikeng Industrial Co. Ltd.
|
| Amount: | NT$2 billion
|
| Issue: | Domestic convertible bonds
|
| Maturity: | Five years
|
| Underwriter: | Hua Nan Securities
|
| Trustee: | Hua Nan Commercial Bank Ltd.
|
| Coupon: | 0%
|
| Price: | Par
|
| Yield: | 0%
|
| Pricing date: | March 25
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
