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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.)
Issue:Secured guaranteed exchangeable bonds
Amount:$150 million
Maturity:Jan. 16, 2025
Bookrunner:Credit Suisse (Hong Kong) Ltd.
Coupon:2%
Settlement date:Jan. 16

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