By Marisa Wong
Morgantown, W.Va., July 26 – TPK Holding Co., Ltd. announced that subsidiary TPK Touch Solutions (Xiamen) Inc. issued to RMB 500 million of short-term corporate bonds.
The one-year bonds carry a coupon of 5.1%, or 12-month Shibor plus 205.9 basis points.
Bank of China is the underwriter.
Based in Taipei, Taiwan, TPK makes capacitative touch technology products used in smartphones and tablets.
| Issuer: | TPK Touch Solutions (Xiamen) Inc.
|
| Issue: | Short-term corporate bonds
|
| Amount: | RMB 500 million
|
| Maturity: | July 26, 2017
|
| Coupon: | 5.1% (12-month Shibor plus 205.9 basis points)
|
| Underwriter: | Bank of China
|
| Settlement date: | July 26
|
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