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Siliconware Precision raises US$175 M. in convertible bond sale.

Taiwan Economic News

| January 23, 2002 | COPYRIGHT 2001 China Economic News Services. (Hide copyright information)Copyright

Taipei, Jan. 23, 2002 (CENS)--Siliconware Precision Industries Co., a leading chip tester and packager on the island, said yesterday it has completed the issuance of US$175 million worth of convertible bonds. Proceeds from the bonds will be used to pay back the capital for the maturing previous convertible bonds and finance the company's overseas purchases of raw materials, company officials said. The bonds, which carry a zero-coupon rate, can be converted into …

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