Stats ChipPac postpones HY bond as US dollar mart grinds to a halt
Stats ChipPac, the Singaporean semiconductor tester, delayed its return to the high yield bond market as new issue volumes plummeted in a nervous, holiday-shortened week.
Stats finished a global roadshow last Friday (June 27) and had been expected to release guidance for a $500m to $1bn deal on Monday. However, poor conditions led the company to hold off in the hope that a better market window will appear next week.Nerves over new record ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org