Mega and Taiwan Cement price

Busy day for Taiwan with convertibles for Mega Financial and Taiwan Cement.

The Taiwan equity-linked sector produced $420 million of issuance on Friday with the completion of a $250 million convertible for Taiwan Cement via ABN AMRO and a $170 million convertible for Mega Financial Holdings via Citigroup, Lehman and Morgan Stanley.

For Mega, a new transaction marked a relatively swift return to the convertible market following the completion of a $600 million deal last September. Both of its issues stem from the group's need to rid itself of outstanding...

To continue reading, please login or register for free

Click for more on: mega | taiwan | cement | price

Print Edition

FinanceAsia Print Edition