Chartered Semiconductor to repay $300 million of bank debt with bond proceeds

By Sara Rosenberg

New York, March 28 - Chartered Semiconductor Manufacturing Ltd. plans to prepay $300 million of its existing bank loan debt through a public offering of senior notes due in 2013, according to a company news release.

Chartered Semiconductor is a Singapore-based provider of wafer fabrication services and technologies to semiconductor suppliers and systems companies.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.