【Yih Hsing】Board of Directors Resolves to Issue 7th Domestic Unsecured Convertible Corporate Bonds
NQ Score
74/100
AI Summary (NQ-processed)
Yih Hsing Precision Industrial Co., Ltd. announced its board's resolution to issue its 7th domestic unsecured convertible corporate bonds. The total issuance amount is NT$2 billion, with a face value of NT$100,000 per bond, issued at 100%-101% of par. These 3-year bonds carry a 0% annual interest rate and are intended to repay bank loans and supplement working capital.
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Frequently Asked Questions
- Q: What is the total amount of convertible corporate bonds issued by Yih Hsing Precision Industrial Co., Ltd.?
- A: The total issuance amount is NT$2 billion.
- Q: What is the purpose of the funds raised from these convertible bonds?
- A: The funds will be used to repay bank loans and replenish working capital.