Taiwan's Wistron to offer up to NT$6 billion corporate bonds

By Marisa Wong

Madison, Wis., March 25 - Wistron Corp. plans to issue straight corporate bonds totaling up to NT$6 billion, according to a Taiwan Stock Exchange notice.

The bonds will be issued at par with a maturity of no more than three years.

Proceeds will give the company more flexible funding for potential business expansion.

The Taipei, Taiwan-based company's board of directors approved the proposed issuance on Tuesday.

Wistron is an original design manufacturer that specializes in information and communication technology products.

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