By Rebecca Melvin
Concord, N.H., April 16 – ATE Energy International Co. Ltd. has priced NT$200 million of secured convertible bonds with a 0% coupon at 101, according to a company notice.
The issuance date and application for public trading on the Taipei Exchange has not yet been set, according to the notice.
Mega Securities Co. Ltd. is bookrunner of the deal, which represents the company’s second domestic secured convertible corporate bond.
The proceeds will be used for bank loan repayment and working capital.
The engineering and construction management services company is based in New Taipei City, Taiwan.
| Issuer: | ATE Energy International Co. Ltd.
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| Issue: | Convertible bonds
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| Amount: | NT$200 million
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| Maturity: | Three years
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| Bookrunner: | Mega Securities Co. Ltd.
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| Coupon: | 0%
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| Price: | 101
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| Pricing date: | April 16
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