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Taiwan's Nan Ya Plastics expected to sell $300 million bonds in June
By Paul A. Harris
St. Louis, May 23 - Taiwan's Nan Ya Plastics, a unit of the Formosa Group, plans to sell an approximately $300 million offering of notes during June, according to market sources.
Citigroup, Deutsche Bank Securities and HSBC have the bookrunning mandate.
The notes are expected to have a tenor of between five years and 10 years.
The Taipei-based company manufactures plastics, fibers and electronic materials.
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