Elitegroup Computer prices debut CB

Taiwan''s largest motherboard manufacturer brings its first ever capital markets offering.

Having surpassed Asustek as the Republic's largest motherboard manufacturer during 2001 and watched its stock climb 300% during the latter half of the year, Elitegroup Computer Systems ECS decided to cement its improved domestic standing at the beginning of 2002 with a first international equity offering.

UBS Warburg was mandated for a $100 million five-year zero coupon transaction and after spending a few weeks credit marketing, a deal was launched and priced within the space of eight hours on Monday....

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