By Rebecca Melvin
Concord, N.H., April 21 – Yageo Corp. priced NT$5.5 billion of five-year unsecured corporate bonds with a 0.68% coupon at par, according to an announcement.
Yuanta Securities Co. Ltd. is the underwriter of the transaction, which is the first unsecured corporate bond issued by the company this year.
The proceeds will be used to repay debt.
The passive electronic components maker is based in Taipei, Taiwan.
| Issuer: | Yageo Corp.
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| Issue: | Unsecured corporate bonds
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| Amount: | NT$5.5 billion
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| Maturity: | Five years
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| Bookrunner: | Yuanta Securities Co. Ltd.
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| Coupon: | 0.68%
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| Price: | Par of NT$1 million
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| Pricing date: | April 21
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