Teco offers unusual convertibility clause in year's first Taiwan credit enhanced CB

06 Mar 1998

TAIWAN's Teco Electric and Machinery Company's innovative convertible issue is set to emerge after weeks of planning. The $180m deal, with a $20m greenshoe, will be launched next week and will be only the second credit enhanced convertible from Asia to have a triple-A rating. The interesting ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial