Published on 1/16/2020 in the Prospect News Convertibles Daily.
New Issue: Sure First issues $150 million 2% exchangeable bonds due 2025
By Marisa Wong
Los Angeles, Jan. 16 – Sure First Ltd. (Hsiu Fong Machinery Co., Ltd.) issued $150 million of 2% secured guaranteed exchangeable bonds due 2025 on Thursday, according to a notice.
Credit Suisse (Hong Kong) Ltd. is the bookrunner.
The industrial machinery company is based in Taichung City, Taiwan.
Issuer: | Sure First Ltd. (Hsiu Fong Machinery Co., Ltd.)
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Issue: | Secured guaranteed exchangeable bonds
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Amount: | $150 million
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Maturity: | Jan. 16, 2025
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Bookrunner: | Credit Suisse (Hong Kong) Ltd.
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Coupon: | 2%
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Settlement date: | Jan. 16
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