Macronix completes CB

After a year-and-a-half wait for the right market conditions, Macronix finally prices an international equity offering.

Jackie Horne

January 31, 2002

Having held a mandate from the IC designer since September 2000, lead managers Deutsche Bank and Merrill Lynch moved quickly to launch and close a deal within the space of 10 hours yesterday (Thursday). After a few weeks of intensive credit marketing, however, the deal had been well flagged and attracted strong demand, with books closing seven times oversubscribed.

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