Brief: King Yuan Electronics to issue 4th overseas unsecured convertible corporate bonds of $50 million
May 9 (Reuters) - King Yuan Electronics 2449.TW :
* Says it to issue the 4th overseas unsecured convertible
corporate bonds of up to $50 million with a term of 3 years
* Says par value and issue price are $10,000 or its integer
multiple
* Says coupon rate is 0 percent
* Says proceeds to be used to buy equipment
Source text in Chinese: http://985.so/yCk9
Further company coverage: 2449.TW
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com;)(+86 010
62674724;)(Reuters
Messaging:)(Beijing.HeadlineNews@thomsonreuters.com@reuters.net)
)
Keywords: KING YUAN ELECTRONICS/BRIEF
Recent news on KING YUAN ELECTRONICS
See all newsBrief: King Yuan Electronics Acquires Facility Equipment For T$1.02 Billion
Brief: King Yuan Electronics Acquires Facility Equipment For T$1.19 Billion
Brief: King Yuan Electronics Acquires Machinery Equipment For T$3.3 Bln
Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility (updated)
Nvidia supplier King Yuan Electronics to invest up to $1.4 bln in US facility