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SMIC to issue 500 million USD 2019 bonds

Source: Internet
Author: User
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Summary: Check the latest quotes Beijing time September 26 Morning news, SMIC announced today that the company intends to issue a total of 500 million U.S. dollars, will expire on October 7, 2019, an annual coupon of 4.125% of bonds. SMIC expects a total of about USD 495 million to see the latest market

Beijing time September 26 Morning news, SMIC announced today that the company intends to issue a total of 500 million U.S. dollars, will expire on October 7, 2019, an annual coupon of 4.125% of bonds.

SMIC expects a total of about USD 495 million, a net amount of USD 491 million, to be used as a debt repayment to expand capital expenditure related to 8-inch and 12-inch manufacturing facility capacity, as well as general corporate use.

This bond is listed on the Singapore Stock Exchange and the offer has been approved in principle. Shepherd)


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