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Prospect News home > News index > List of issuers T > Headlines for Taiwan Semiconductor Manufacturing Co. Ltd. > News item
Published on 4/19/2022 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

S&P gives AA- to TSMC Arizona notes

S&P said it assigned its AA- long-term issue rating to the upcoming notes by TSMC Arizona Corp. (not rated), a fully owned subsidiary of Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC, AA-/stable/--).

The notes are under the existing US$8 billion notes program and are unconditionally and irrevocably guaranteed by TSMC.

The proceeds will be used for general corporate purpose.


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