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GIGABYTE Completes Pricing for 5th Overseas Unsecured Convertible Bond

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Taiwan's GIGABYTE has finalized the pricing for its 115th-year 5th overseas unsecured convertible bond issuance. The total issuance amount is 500 million USD, with a 0% coupon rate and a maturity date of May 26, 2031. Funds will be used for foreign currency raw material procurement.

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Frequently Asked Questions

Q: What is the purpose of GIGABYTE's bond issuance?
A: The primary purpose is to address funding needs for the purchase of raw materials in foreign currency.
Q: What are the terms of the convertible bond?
A: It is issued with a total principal amount of 500 million USD, a coupon rate of 0%, and a maturity date of May 26, 2031 (year 120).
Q: How does this bond issuance affect shareholders?
A: If fully converted, it could result in an approximately 5.97% dilution of existing shareholders' equity.