GIGABYTE Completes Pricing for 5th Overseas Unsecured Convertible Bond
Taiwan's GIGABYTE has finalized the pricing for its 115th-year 5th overseas unsecured convertible bond issuance. The total issuance amount is 500 million USD, with a 0% coupon rate and a maturity date of May 26, 2031. Funds will be used for foreign currency raw material procurement.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 06:31
- 🔍 Collected: May 20, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 20, 2026 at 06:34 (2 min after Collected)
Announcement Date: May 19, 2026. Company: GIGABYTE.
The company has completed the pricing for its 5th overseas unsecured convertible bond issuance for the year 115 (Republic of China calendar).
1. Total Issuance Amount: 500 million USD
2. Principal per bond: 200,000 USD or multiples thereof
3. Issuance Price: 100% of par value
4. Expected Issuance Date: May 26, 2026
5. Coupon Rate: 0% per annum
6. Maturity Date: May 26, 2031
Redemption Method: Upon maturity, the company will redeem the bonds at par value plus an interest compensation yield of 2.25% per annum (calculated semi-annually).
Conversion Price: 371.81 New Taiwan Dollars (NTD) per share.
Use of Proceeds: To address funding needs for the purchase of raw materials in foreign currency.
Impact on Shareholders: If fully converted, the dilution ratio for original shareholders is approximately 5.97%.
The company has completed the pricing for its 5th overseas unsecured convertible bond issuance for the year 115 (Republic of China calendar).
1. Total Issuance Amount: 500 million USD
2. Principal per bond: 200,000 USD or multiples thereof
3. Issuance Price: 100% of par value
4. Expected Issuance Date: May 26, 2026
5. Coupon Rate: 0% per annum
6. Maturity Date: May 26, 2031
Redemption Method: Upon maturity, the company will redeem the bonds at par value plus an interest compensation yield of 2.25% per annum (calculated semi-annually).
Conversion Price: 371.81 New Taiwan Dollars (NTD) per share.
Use of Proceeds: To address funding needs for the purchase of raw materials in foreign currency.
Impact on Shareholders: If fully converted, the dilution ratio for original shareholders is approximately 5.97%.
FAQ
What is the purpose of GIGABYTE's bond issuance?
The primary purpose is to address funding needs for the purchase of raw materials in foreign currency.
What are the terms of the convertible bond?
It is issued with a total principal amount of 500 million USD, a coupon rate of 0%, and a maturity date of May 26, 2031 (year 120).
How does this bond issuance affect shareholders?
If fully converted, it could result in an approximately 5.97% dilution of existing shareholders' equity.