Taiwan’s Yageo nets $180m from bigger convertible bond
Taiwanese electronic components manufacturer Yageo Corp bagged $180m on Tuesday after boosting the size of a five year zero-coupon convertible bond, according to a source familiar with the matter.
Citi and UBS launched an accelerated bookbuild for the trade after local markets closed on Tuesday. The issuer came looking to tap investors for $160m but had granted the bookrunners the option to increase the offer by $40m, according to the source.The syndicate marketed the notes with ...
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