Accueil > Actualité
Actualite financiere : Actualite bourse

STMicro: convertible bond issue

( - STMicroelectronics announces the launch of a 1.
5 billion dollar senior unsecured bond issue convertible into new or existing ordinary shares.

These new bonds will comprise two tranches (with a minimum size of 500 million dollars for each) with maturities of five and seven years respectively. The proceeds from the offering will be used for the Semiconductor group's general corporate purposes.

STMicroelectronics says that these proceeds will, inter alia, be used for the early repayment of the 750 million dollar zero-coupon convertible bonds currently outstanding and maturing in 2022.

Copyright (c) 2020 All rights reserved.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.