Taiwan’s Pegatron eyes NT$10 billion bonds with terms up to 10 years

By Marisa Wong

Los Angeles, March 26 – Pegatron Corp.’s board of directors approved the issuance of up to NT$10 billion of corporate bonds in one or more tranches, according to a Taiwan Stock Exchange notice.

The bonds will have maturities of 10 years or less.

Proceeds will be used to repay loans and meet working capital needs.

Pegatron is a Taipei, Taiwan-based developer of computing, communications and consumer electronics, as well as computer peripherals.

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