UMC returns with negative yield CB

Taiwanese foundry company returns with its third negative yield convertible since 2009 and Asia's largest Reg S equity-linked deal in one-and-a-half years.
May 12, 2015

Taiwanese foundry operator, United Microelectronics Corp (UMC), returned to the convertible bond market on Monday with its third negative yield deal since 2009 and Asia's largest Reg S equity-linked deal in one-and-a-half years.

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