By Marisa Wong
Morgantown, W.Va., Dec. 29 – Pegatron Corp. priced NT$8 billion of corporate bonds with maturities of three, five and seven years, according to a Taiwan Stock Exchange notice. The breakdown of the tranches was not disclosed.
The three-year bonds carry a coupon of 0.78%, the five-year bonds have a coupon of 0.92%, and the seven-year bonds bear interest at 1.08%.
The bonds are priced at par.
Yuanta Securities Co., Ltd. is the lead underwriter.
Proceeds will be used to repay loans and for working capital.
Pegatron is a Taipei, Taiwan-based developer of computing, communications and consumer electronics, as well as computer peripherals.
Issuer: | Pegatron Corp.
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Issue: | Corporate bonds, 2017 second issue
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Amount: | NT$8 billion
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Maturity: | Three, five, seven years
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Underwriter: | Yuanta Securities Co., Ltd.
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Coupon: | 0.78% for three-year bonds, 0.92% for five-year bonds and 1.08% for seven-year bonds
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Price: | Par
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Yield: | 0.78% for three-year bonds, 0.92% for five-year bonds and 1.08% for seven-year bonds
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Call option: | None
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Put option: | None
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Announcement date: | Dec. 29
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