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Flexium Interconnect to offer up to NT$1.6 billion 0% convertibles
By Marisa Wong
Morgantown, W.Va., Feb. 16 – Flexium Interconnect Inc. plans to issue up to NT$1.6 billion of zero-coupon convertible bonds, according to a Taiwan Stock Exchange notice.
The two- to 2.75-year bonds will be issued at par.
Yuanta Securities Co., Ltd. will be the underwriter.
Proceeds will be used for expansion of plant and machinery.
This will be the Kaohsiung, Taiwan-based circuit board manufacturer’s fourth issue of domestic convertibles.
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