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ASE shelves overseas bond sale plan due to unpredictable market

2014-12-28 20:04:36| Semiconductors - Topix.net

Advanced Semiconductor Engineering Inc. has decided that an overseas corporate bond sale plan worth US$400 million will not proceed in the wake of uncertainty in the global capital market, which could affect the deal's financial terms. ASE, the world's largest integrated circuit packaging and testing services provider, said that as the global semiconductor industry has entered a slow season in the fourth quarter, the company has lower-than-expected fund demands at the moment.

Tags: due plan sale market

Category:Electronics and Electrical

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