Galaxy Microelectronics to issue convertible bonds to develop automotive-grade semiconductor devices industrialization project
2021-11-11 17:50:33 [Print]
Galaxy Microelectronics recently announced that the company intended to issue convertible corporate bonds with a total amount of no more than RMB500 million (USD78
. 25 million) . The total funds raised after deducting issuance costs will be used for automotive-grade semiconductor devices industrialization project as well as supplementing working capital.