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UMC to issue NT$10 billion of non-secured corporate bonds

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Tuesday 25 December 2012 0

United Microelectronics (UMC) plans to issue NT$10 billion (US$344 million) in non-secured corporate bonds. The proceeds from the bond issue will be used to strengthen its working capital, according to the foundry.

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