[Gigabyte] Announcement of Pricing for the 5th Overseas Unsecured Convertible Bonds
Gigabyte Technology has priced its $500 million overseas convertible bond issuance. Coupon rate 0%, maturity 2031. Funds for raw material procurement.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 09:00
- 🔍 Collected: May 20, 2026 at 08:00 (47h 0m after Published)
- 🤖 AI Analyzed: May 20, 2026 at 09:54 (1h 54m after Collected)
1. Date of Occurrence: 2026/05/18
2. Company Name: Gigabyte Technology Co., Ltd.
3. Relationship to the Company: Parent Company
4. Mutual Shareholding Ratio: N/A
5. Reason for Event: Completion of pricing for the 2026 5th Overseas Unsecured Convertible Bonds.
6. Response Measures: Public announcement in accordance with regulations.
7. Other Important Matters: The issuance has been approved by the Financial Supervisory Commission. Total issuance amount is USD 500 million. Issue price is 100% of par value. Scheduled issuance date is May 26, 2026. Maturity date is May 26, 2031. Coupon rate is 0%. The funds raised are for meeting foreign currency material procurement requirements. Dilution to existing shareholders is estimated at approximately 5.97% upon full conversion.
2. Company Name: Gigabyte Technology Co., Ltd.
3. Relationship to the Company: Parent Company
4. Mutual Shareholding Ratio: N/A
5. Reason for Event: Completion of pricing for the 2026 5th Overseas Unsecured Convertible Bonds.
6. Response Measures: Public announcement in accordance with regulations.
7. Other Important Matters: The issuance has been approved by the Financial Supervisory Commission. Total issuance amount is USD 500 million. Issue price is 100% of par value. Scheduled issuance date is May 26, 2026. Maturity date is May 26, 2031. Coupon rate is 0%. The funds raised are for meeting foreign currency material procurement requirements. Dilution to existing shareholders is estimated at approximately 5.97% upon full conversion.
FAQ
Why did Gigabyte issue the convertible bond?
To meet funding requirements for raw material procurement in foreign currency.
When can investors exercise conversion rights?
From the day after 3 months have passed since the issuance date.
What is the impact on shareholders?
Full conversion would lead to approximately 5.97% dilution.