Home Stocks UMC collects NT$4.79B proceeds from bond offer (UMC:NYSE)

UMC collects NT$4.79B proceeds from bond offer (UMC:NYSE)

by Deidre Salcido
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Og image 1200 29b2bfe1a595477db6826bd2126c63ac2091efb7ec76347a8e7f81ba17e3de6c.png
  • United Microelectronics (UMC) has fully received subscription proceeds totaling NT$4.79B (~$150M) for its second domestic unsecured convertible corporate bond issuance, according to a filing.
  • The collecting bank has transferred all collected funds to the designated depository bank, completing the issuance process.
  • UMC stock down 5.8% premarket.

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