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Nanya Technology has approval for up to NT$12 billion of new bonds
Chicago, Nov. 8 – Nanya Technology Corp. has board approval to issue up to NT$12 billion of new unsecured corporate bonds in 2024, according to a notice.
The non-callable notes are to be issued at par in installments.
The offering, which will be public, does not yet have a named underwriter.
Proceeds will be used to construct and extend plans, to replace equipment, to repay debt and to replenish operating capital.
Nanya, based in Taiwan, produces memory chips.
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