TSMC issues 7.7 billion RMB unsecured general corporate debt

Sina Science and technology news August 10 morning, according to Taiwan media reported that TSMC to lock long-term low fixed interest funds, enrich operating funds, decided to issue 35 billion NT (about 7.7 billion yuan) unsecured ordinary corporate debt.　　It is reported that this is TSMC in the last nine years, the first issue of ordinary unsecured company debt.　　A TSMC spokesman yesterday stressed that the Board resolution issued unsecured corporate bonds at this time, mainly to lock in long-term low fixed interest rates, so that the company's capital regulation more flexible. According to the relevant finance director, TSMC's move should be the banks willing to offer TSMC a fairly favorable rate level.　　TSMC is expected to attract a number of banks to fight for the issue, as it has long been a fairly good performance and a large amount of money.　　Some investors analysis that, as TSMC accounts receivable, machinery and equipment expenditure in the United States dollars, and large funds, once the dollar depreciation, TSMC dollar exchange loss pressure will increase, through increased cash flow, can balance the risk of loss of the dollar. TSMC's semi-annual report showed that as of the end of June this year, the company held a cash flow of NT $151 billion (33.5 billion RMB). (Xiaoran)