Siliconware Precision Industries Co., Ltd (“SPIL”) completed the closing for its USD400,000,000 unsecured euro convertible bonds(the “Bonds”) on Singapore Exchange Securities Trading Limited. The Bonds mature on Oct. 31, 2019 and were priced at zero-coupon and 1% yield per annum. This is the largest zero coupon Convertible Bond in Asia Pacific (ex-Japan) in 2014 and was well received and attracted over 70 investors worldwide in only four-hours-book-build period.
SPIL established in May 1984, is the leading providers of comprehensive semiconductor assembly and test services. SPIL is listed on the NASDAQ National Market and Taiwan Stock Exchange.
J.P. Morgan acted as the Sole Global Coordinator and Sole Bookrunner for this offering. Longan Law Firm acted as the PRC legal counsel of the Company, which conducted legal due diligence on the Subsidiary of SPIL in mainland and provided Legal Opinion on PRC Law. This project was led by managing partner Mr. Tony ( Xiangdong ) LAI of Longan (Shenzhen).