Chartered completes upsized bond

Semiconductor group raises $625 million.

Singapore's Chartered Semiconductor secured an unexpectedly strong showing for its debut international bond on Friday July 29. Under the lead of Citigroup and Goldman Sachs, the Baa3BBB- rated group decided to increase its SEC registered deal from $450 million to $625 million on the back of a $4.5 billion order book.

A five-year tranche was sized at $375 million and priced at 190bp over Treasuries to yield 6.009% based on a re-offer price...

To continue reading, please login or register for free

Click for more on: chartered | completes | upsized | bond

Print Edition

FinanceAsia Print Edition