Taiwan's UMC plans convertible bond sales to raise $1.8 billion, term sheet shows
05/10/2026 07:26
Taiwan's UMC plans convertible bond sales to raise $1.8 billion, term sheet shows HONG KONG, Oct 5 (Reuters) - Taiwan chipmaker United Microelectronics Corp 2303.TW or UMC plans to raise $1.8 billion through two zero-coupon convertible bond sales, with proceeds earmarked for equipment purchases and new plant construction, a term sheet showed on Monday.
(Reporting by Yantoultra Ngui; Editing by Clarence Fernandez)
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