By Sarah Lizee
Olympia, Wash., Sept. 14 – Acter Group Corp. Ltd. priced NT$800 million of 0% three-year convertible bonds at 101, according to a notice.
IBF Securities Co., Ltd. is the underwriter.
Proceeds will be used to repay bank debt and boost working capital.
Acter Group offers engineering services. It is based in Taichung, Taiwan.
| Issuer: | Acter Group Corp. Ltd.
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| Issue: | Convertible bonds
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| Amount: | NT$800 million
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| Maturity: | Three years
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| Underwriter: | IBF Securities Co., Ltd.
|
| Coupon: | 0%
|
| Price: | 101
|
| Announcement date: | Sept. 14
|
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