Ritek completes CB

Taiwanese CD-R manufacturer adopts equity like structure for convertible bond.

Deutsche Bank closed the books on a $160 million convertible for Ritek Corp after only two hours yesterday (Tuesday), taking advantage of momentum generated by its previous day's deal for Powerchip to propel the new offering along. The market's strong tone was evidenced by an order book, which closed ten times oversubscribed, with orders capped and pricing completed at the tight end of indicative terms.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media