TPK to raise funds

Sep 27, 15:18

Taiwan-based touch panel maker TPK Holding will issue 5-year, zero-interest unsecured ECBs (euro convertible bonds) worth US$200 million and GDRs (global depositary receipts) worth...

Wistron seeking acquisition targets

Jan 31, 01:30

Wistron, after raising US$180 million in euro-convertible bonds (ECB) and building a US$100 million greenshoe fund, is seeking acquisition targets for vertical integration and is...

BLU maker Radiant to issue US$100 million ECBs

Jun 3, 01:35

Backlit unit (BLU) maker Radiant Opto-Electronics has decided to issue up to US$100 million worth of euro convertible bonds (ECBs) to raise funds to finance expansion projects at...

FSC rejects Tekcore ECB application

Jun 2, 16:44

Taiwan's Financial Supervisory Commission (FSC) has noted that the board of directors and supervisors of Tekcore, a Taiwan-based LED chipmaker, is set to finish its term on June 18,...

UMC announces ECB issue

Stockwatch - May 18, 16:01

United Microelectronics Corporation (UMC) has issued five-year non-secured ECBs (euro-convertible bonds) worth US$500 million to fund equipment purchases and bolster its finances,...

Tekcore to issue US$80 million ECB

Stockwatch - Apr 18, 11:08

Taiwan-based LED epitaxial wafer and chip maker Tekcore will issue 5-year zero-coupon unsecured euro-convertible bonds (ECB) worth up to US$80 million, with the funds to be used to...

UMC to buy Hejian shares for US$87 million

Stockwatch - Mar 17, 15:57

Taiwan-based pure-play foundry United Microelectronics Corporation (UMC) plans to acquire an up to 30% stake in its China-based counterpart Hejian Technology, with a total transaction...

Epistar raises US$280 million via ECB issue

Jan 19, 14:08

Taiwan-based LED chip maker Epistar has raised US$280 million via an euro convertible bond (ECB) issue. The conversion price of the ECBs is set at NT$132.6 (US$4.57) compared with...

Epistar to issue ECBs worth US$280 million

Dec 24, 02:15

The board of directors of LED chipmaker Epistar has approved the issue of euro convertible bonds (ECBs) worth US$280 million, mainly for paying back previous US dollar-based loans...

AUO releases profit warning for 3Q10

Oct 11, 11:47

AU Optronics (AUO) has announced a plan to issue euro convertible bonds (ECBs) worth US$800 million for equipment purchase, and it has also released a profit warning for the third...

Foxconn to issue ECB on October 12

Stockwatch - Oct 1, 15:54

Foxconn Electronics (Hon Hai Precision Industry) has announced it will issue unsecured euro convertible bonds (ECBs) worth US$1 billion with a conversion price per share of NT$152.75...

Foxconn restarts ECB fund-raiser

Jul 26, 15:51

Foxconn Electronics (Hon Hai Precision Industry) on July 24, announced plans to re-issue unsecured Euro convertible bonds (ECBs) worth US$1 billion, to fund expanding its capacity.

PSC to offer cash compensation to encourage conversion of ECB into shares

Jan 18, 14:10

Taiwan-based DRAM maker Powerchip Semiconductor Corporation (PSC) will encourage holders of its US$133 million zero-coupon ECB (euro convertible bond) to convert their issues into...

Green Energy Technology cancels ECB issue

Jan 8, 15:31

Taiwan-based solar wafer maker Green Energy Technology (GET) on January 7 announced the cancellation of a plan to issue 5-year unsecured euro convertible bonds (ECBs) worth up to...

DRAM maker PSC to gain fund injection from PTI and Kingston

Jul 10, 12:36

Powertech Technology (PTI) and Kingston Technology will jointly loan Powerchip Semiconductor Corporation (PSC) a total of US$125 million, according to a PTI filing with the Taiwan...

Heavy debts may force PSC to exit DRAM business, says paper

Newswatch - Jul 9, 16:52

Powerchip Semiconductor Corporation (PSC), which has just received the nod from bondholders for resetting the conversion price for its ECBs due June 17, 2009, still has debts worth...

PSC adjusts ECB conversion price to NT$5.25 per share

Newswatch - Jul 6, 11:10

Powerchip Semiconductor Corporation (PSC) has reset the conversion price of its US$157.85 million euro convertible bonds (ECBs) at NT$5.25 (US$0.16) per share, the company has anno...

PSC says DRAM ASP and shipments up in June

Jul 6, 10:17

Powerchip Semiconductor Corporation (PSC) has announced unaudited net sales of NT$2.12 billion (US$64.51 million) for June 2009, up 40.9% from May's NT$1.51 billion. The Taiwan-based...

Wintek plans to issue ECBs worth US$100 million

Newswatch - Jun 26, 13:51

The board of directors at LCD panel maker Wintek has approved a plan to issue up to US$100 million worth of euro convertible bonds (ECBs) to meet its future business expansion projects,...

PSC says bondholders agree to reset terms

Stockwatch - Jun 22, 16:37

Taiwan's Powerchip Semiconductor Corporation (PSC) has announced that it has received consent from at least 90% of its bondholders, which is sufficient to allow it to reset the conversion...

PSC shares to be downgraded for not settling its ECB issue on time

Newswatch - Jun 18, 11:30

Shares of Powerchip Semiconductor Corporation (PSC) will be downgraded to a category that requires full delivery in cash on June 19 as the DRAM maker is unable to complete the process...

PSC resumes talks on ECB conversion price reset

Newswatch - Jun 10, 13:38

DRAM maker Powerchip Semiconductor Corporation (PSC) is again in talks about the possibility of resetting the conversion price of its US$150 million worth of euro convertible bonds...

DRAM maker PSC seeks to reset ECB conversion price

May 7, 16:05

DRAM chipmaker Power Semiconductor Corporation (PSC) said it will seek to receive approval from its shareholders to reset the conversion price of its US$150 million worth of euro...

ProMOS gets final nod for NT$3 billion syndicated bank loan

Apr 27, 14:29

ProMOS Technologies has announced that a syndicate of banks has finalized an NT$3 billion (US$89 million) loan, which will enable it to buy back its convertible bonds.

ProMOS tender succeeds with 80% of bondholders agreeing buyback

Mar 31, 12:29

Taiwan's ProMOS Technologies has announced that the official total tender offer result, which includes both those who accepted the tender offer and those who agreed to hold to maturity,...

ProMOS still facing loan uncertainty

Newswatch - Mar 24, 16:58

DRAM chipmaker ProMOS Technologies has seen more than 79% of its ECB bondholders accept its tender offer, meeting the minimum ratio set by its syndicate banks in order to gain a loan...

ProMOS extends ECB early tender offer again

Mar 18, 16:55

Taiwan's ProMOS Technologies has announced that the early tender offer period for its convertible bond buyback has been extended to 14:00 (UTC) on March 21, 2009, and the expiration...

ProMOS extends ECB early tender offer

Mar 4, 11:21

ProMOS Technologies has announced that the early tender offer period for its convertible bond buyback has been extended by 10 more working days to 14:00 (UTC) on March 17, 2009. The...

DRAM maker ProMOS reaffirms ECB redemption

Feb 27, 14:31

ProMOS Technologies has released a statement to further clarify its loan extension announcement made recently (February 25). The cash-strapped DRAM chipmaker reiterated that over...

DRAM maker PSC allowed to extend loan repayments for six months, says paper

Newswatch - Feb 19, 15:36

Powerchip Semiconductor Corporation (PSC), one of Taiwan's financially-distressed DRAM chipmakers, has been given an additional six months to complete repayments on its NT$60 billion...

ProMOS deadline for ECB redemption postponed to next week

Stockwatch - Feb 16, 13:56

ProMOS Technologies has been granted an extension on the deadline to redeem its ECB, according to a company February 13 filing with the Taiwan Stock Exchange (TSE). The DRAM maker...

Kingston acts as guarantor for ProMOS loan

Feb 4, 12:24

Kingston Technology has agreed to act as a guarantor for ProMOS Technologies' application for a syndicated loan of NT$5 billion (US$148 million) from nine local banks, according to...