Nuvoton has successfully priced its US$150million NT$-linked ECB offering

Nuvoton Technology Corporation (TSE: 4919) is pleased to announce that it has priced its US$150 million NT$-linked unsecured euro convertible bonds (“ECB” or the “Bonds”) offering on January 9, 2025. Nuvoton’s ECB offering successfully opened the Taiwan Equity Capital Market in 2025 as the first overseas fundraising project of the year in Taiwan. Supported by Nuvoton’s research and development capabilities, its diversified product profile, and its strong focus on ESG, the ECB offering was well received and oversubscribed by global investors. This offering not only raised Nuvoton’s international profile to attract high-quality global investors but also enhanced its capital structure.  

 

The US$ five-year zero-coupon ECBs were priced with 1.55% yield per annum and will mature in 2030. Investors have the one-off option to put the Bonds after 3 years since issuance. The Bonds can be converted into newly issued common shares of Nuvoton at an initial conversion price of NT$118.68 per common share. The Bonds will be listed on Singapore Exchange. The use of proceeds is for the procurement of raw materials in foreign currencies.

 

 

 

* Note: Nuvoton is a registered trademark of Nuvoton Technology Corporation (Nuvoton Technology Corp.), rights and other trademarks and other writings referred to herein, are the property of their original owners.

 

About Nuvoton

Nuvoton Technology Corporation (Nuvoton) was founded to bring innovative semiconductor solutions to the market. Nuvoton was spun-off as a Winbond Electronics affiliate in July 2008 and went public in September 2010 on the Taiwan Stock Exchange (TWSE). Nuvoton focuses on the developments of microcontroller/audio, cloud security, battery monitoring, component, visual sensing and IoT with security ICs and has strong market share in Industrial, Automotive, Communication, Consumer and Computer markets. Nuvoton owns 6-inch wafer fabs equipped with diversified processing technologies to provide professional wafer foundry services. Nuvoton provides products with a high performance/cost ratio for its customers by leveraging flexible technology, advanced design capability, and integration of digital and analog technologies. Nuvoton values long term relationships with its partners and customers and is dedicated to continuous innovation of its products, processes, and services. Nuvoton has established subsidiaries in the USA, China, Israel, India, Singapore, Korea, Japan and Germany to strengthen regional customer support and global management. For more information, please visit http://www.nuvoton.com

Spokesperson:
Hsiu-Fen Lai Vice President
Email: HFLai@nuvoton.com

Tel: +886-3-5770066 ext. 32013

 

News Contact:
Hao C. Huang
Email: CHHuang23@nuvoton.com

Tel: +886-3-5770066 ext.22017