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Published on 11/23/2021 in the Prospect News Emerging Markets Daily.

New Issue: Taiwan’s Pegatron prices NT$8.9 billion five-, seven-year bonds

By Rebecca Melvin

Concord, N.H., Nov. 23 – Pegatron Corp. priced NT$8.9 billion of corporate bonds with maturities of five and seven years, according to a Taiwan Stock Exchange notice. The tranche sizes were not disclosed.

The five-year bonds carry a coupon of 0.56%, and the seven-year bonds carry a coupon of 0.65%.

The bonds priced at par of NT$1 million.

Yuanta Securities Co., Ltd. is the lead underwriter.

Proceeds will be used to repay loans.

Based in Taipei, Taiwan, Pegatron develops computing, communications and consumer electronics and computer peripherals.

Issuer:Pegatron Corp.
Issue:Corporate bonds, 2021 first issue
Amount:NT$8.9 billion
Maturity:Five and seven years
Underwriter:Yuanta Securities Co., Ltd.
Coupon:0.56% for five-year bonds, 0.65% for seven-year bonds
Price:Par
Yield:0.56% for five-year bonds, 0.65% for seven-year bonds
Call option:None
Put option:None
Announcement date:Nov. 23

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