By Marisa Wong
Madison, Wis., March 22 - Gintech Energy Corp. issued NT$1 billion of 0% domestic corporate bonds on Friday, according to a Taiwan Stock Exchange notice.
The five-year bonds were priced at par.
Proceeds will be used to repay bank debt.
Based in Jhunan Township, Taiwan, Gintech designs, manufactures and markets multi-crystalline solar cells.
| Issuer: | Gintech Energy Corp.
|
| Issue: | Domestic corporate bonds
|
| Amount: | NT$1 billion
|
| Maturity: | Five years
|
| Coupon: | 0%
|
| Price: | Par
|
| Yield: | 0%
|
| Settlement date: | March 22
|
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