Brief: Hsin Kuang Steel to issue 2017 5th tranche convertible bonds worth up to T$603 mln

Hsin Kuang Steel Co

21/09/2017 08:26

Sept 21 (Reuters) - Hsin Kuang Steel Co Ltd  2031.TW  : 
 
    * Says it plans to issue 2017 5th tranche domestic unsecured 
convertible corporate bonds worth up to T$603 million  
    * Bonds are each with par value of T$100,000, a term of 5 
years and coupon rate of 0 percent  
    * Proceeds will be used to tamp building base and expand 
plant as well as acquire machinery equipments  
     
    Source text in Chinese: https://goo.gl/U5MP2d 
    Further company coverage:  2031.TW  
 
 (Beijing Headline News) 
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