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NEWS TAGGED ECB
Monday 27 April 2009
ProMOS gets final nod for NT$3 billion syndicated bank loan
ProMOS Technologies has announced that a syndicate of banks has finalized an NT$3 billion (US$89 million) loan, which will enable it to buy back its convertible bonds.
Tuesday 31 March 2009
ProMOS tender succeeds with 80% of bondholders agreeing buyback
Taiwan's ProMOS Technologies has announced that the official total tender offer result, which includes both those who accepted the tender offer and those who agreed to hold to maturity,...
Tuesday 24 March 2009
ProMOS still facing loan uncertainty
DRAM chipmaker ProMOS Technologies has seen more than 79% of its ECB bondholders accept its tender offer, meeting the minimum ratio set by its syndicate banks in order to gain a loan...
Wednesday 18 March 2009
ProMOS extends ECB early tender offer again
Taiwan's ProMOS Technologies has announced that the early tender offer period for its convertible bond buyback has been extended to 14:00 (UTC) on March 21, 2009, and the expiration...
Wednesday 4 March 2009
ProMOS extends ECB early tender offer
ProMOS Technologies has announced that the early tender offer period for its convertible bond buyback has been extended by 10 more working days to 14:00 (UTC) on March 17, 2009. The...
Friday 27 February 2009
DRAM maker ProMOS reaffirms ECB redemption
ProMOS Technologies has released a statement to further clarify its loan extension announcement made recently (February 25). The cash-strapped DRAM chipmaker reiterated that over...
Thursday 19 February 2009
DRAM maker PSC allowed to extend loan repayments for six months, says paper
Powerchip Semiconductor Corporation (PSC), one of Taiwan's financially-distressed DRAM chipmakers, has been given an additional six months to complete repayments on its NT$60 billion...
Monday 16 February 2009
ProMOS deadline for ECB redemption postponed to next week
ProMOS Technologies has been granted an extension on the deadline to redeem its ECB, according to a company February 13 filing with the Taiwan Stock Exchange (TSE). The DRAM maker...
Wednesday 4 February 2009
Kingston acts as guarantor for ProMOS loan
Kingston Technology has agreed to act as a guarantor for ProMOS Technologies' application for a syndicated loan of NT$5 billion (US$148 million) from nine local banks, according to...
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