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Gigabyte Technology plans $530 million global depositary share sale, term sheet shows

Gigabyte Technology plans $530 million global depositary share sale, term sheet shows

- Gigabyte Technology 2376.TW plans to raise about $530 million through a sale of global depositary shares, according to a term sheet seen by Reuters on Wednesday.

The computer component manufacturer will use the proceeds to buy raw materials priced in foreign currencies.


(Reporting by Yantoultra Ngui; Editing by Joe Bavier)

((Yantoultra.Ngui@thomsonreuters.com;))

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