United Microelectronics reports closed period for 0% exchangeables

By Devika Patel

Knoxville, Tenn., June 21 – United Microelectronics Corp. announced that a “closed period” for the $400 million currency-linked zero-coupon exchangeable bonds due 2026 (ISIN: XS2358241243) will occur from July 13 to July 17, due to a NT$37 per common share cash dividend payment.

The bonds are exchangeable for common shares of Novatek Microelectronics Corp.

Based in Taipei, Taiwan, United Microelectronics is a semiconductor foundry offering services for the manufacture of integrated circuits.

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