STMicroelectronics prices huge $1.5bn convertible bond

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STMicroelectronics prices huge $1.5bn convertible bond

Aidan Gregory
July 28, 2020 03:15 PM
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Der Standort des europäischen Halbleiterproduzenten STMicroelectronics N.V. in München am 30. Juni 2020. - The offices of the European semoconductor manufacturer STMicroelectronics in Munich on 30th June 2020. (Photo by Alexander Pohl/Sipa USA) | Alexander Pohl/SIPA USA/PA Images

STMicroelectronics, the French-Italian semiconductor maker, has raised $1.5bn through the sale of new convertible bonds, the company said on Tuesday.

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