Walsin Lihwa board OKs up to NT$100 billion of corporate bonds

By Wendy Van Sickle

Columbus, Ohio, Aug. 6 – Walsin Lihwa Corp. said its board authorized an issue of up to NT$100 billion of corporate bonds.

The company said that the bonds will be issued at par and will mature within 10 years of the issue date.

The Taipei, Taiwan-based manufacturer of bare copper wire, wire and cable, and specialty steel said proceeds will be used to purchase overseas raw materials.

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