Macronix prices CB
The Taiwanese DRAM manufacturer completes the country''s lowest ever rated convertible.
January 28, 2003
Having held a mandate from the IC designer since September 2000, lead managers Deutsche Bank and Merrill Lynch moved quickly to launch and close a deal within the space of 10 hours yesterday (Thursday). After a few weeks of intensive credit marketing, however, the deal had been well flagged and attracted strong demand, with books closing seven times oversubscribed.
