ST is to raise $1.5 billion in a convertible bond issue. The company will also redeem its 2019 convertible bonds and buy back shares. The new bonds will mature in five and seven years. The five year bonds will not pay interest. The seven year bonds will pay interest of 0.5%. Settlement is expected to ...
Read full article: ST to raise $1.5bn
from Electronics Weekly https://www.electronicsweekly.com/news/business/st-raise-1-5bn-2017-06/
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