STATS brings debut CB

ST Assembly joins sister company Chartered Semiconductor with a rare convertible bond offering from Singapore.
March 14, 2002

An increased $175 million issue was priced overnight by lead manager Merrill Lynch on Wednesday. Coming up against unexpected volatility in US tech stocks, the lead nevertheless managed to close books three-and-a-half times oversubscribed after a five-hour marketing period.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media