Taiwan’s ASE Technology plans to sell up to NT$10 billion bonds

By Sarah Lizee

Olympia, Wash., March 28 – ASE Technology Holding Co., Ltd. announced it plans to issue up to NT$10 billion of corporate bonds.

The bonds have maturities of five and seven years and will be priced at par with a fixed coupon of 2% or less.

Proceeds will be used to repay bank loans.

This will be the company’s first issue of corporate bonds for 2019.

The semiconductor assembly and test services supplier is based in Kaohsiung, Taiwan.

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