By Rebecca Melvin
New York, April 15 – Taiwan’s ASE Technology Holding Co. Ltd. has priced NT$10 billion of five-year unsecured corporate bonds at par to yield 0.9%, according to a news release.
The bonds had been talked at a deal size of up to NT$10 billion, with a maturity of five and seven years and fixed coupon of 2% or less.
Yuanta Securities Co. Ltd. is bookrunner of the deal, of which the proceeds will be used to repay bank loans.
This is the company’s first issue of corporate bonds for 2020.
The semiconductor assembly and test services supplier is based in Kaohsiung, Taiwan.
Issuer: | ASE Technology Holding Co. Ltd.
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Issue: | Unsecured corporate bonds
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Amount: | NT$10 billion
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Maturity: | 2025
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Bookrunner: | Yuanta Securities Co. Ltd.
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Coupon: | 0.9%
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Price: | Par, NT$1 million
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Yield: | 0.9%
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Pricing date: | March 30
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