Zhen Ding Tech plugs into demand for $400m CB

By Jonathan Breen
23 Jun 2020

Zhen Ding Technology Holding tapped the equity-linked market on Monday with a zero coupon convertible bond.

The Taiwanese company, which makes different types of computer circuits, raised $400m from a five non-put three year CB. It priced the notes at par and with a 17.5% conversion premium.

Zhen Ding came to the market looking to build out its working capital base and raise funds ...

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