Announcement on the Board of Directors’ resolution to conduct the 3rd issuance of domestic unsecured convertible corporate bonds
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Company code: 6285
No: 4
Subject: Announcement on the Board of Directors’ resolution to conduct the 3rd issuance of domestic unsecured convertible corporate bonds
To which item it meets: article 4 paragraph 11
Date of events: 2022/05/04
Contents:
- Date of the board of directors resolution: 2022/05/04
- Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]: Wistron NeWeb Corp., 3rd issuance of domestic unsecured convertible corporate bonds.
- Whether to adopt shelf registration (Yes/No): No
- Total amount issued: The total amount of issued bonds is capped at NTD 2,800,000,000.
- Face value per bond: NTD100,000
- Issue price: 100–101% of par value
- Issuance period: 3 years
- Coupon rate: 0%
- Types, names, monetary values and stipulations of collaterals: NA
- Use of the funds raised by the offering and utilization plan: Repay bank loans and improve WNC’s financial structure.
- Underwriting method: This domestic unsecured convertible bond will be wholly underwritten to the public through book-building.
- Trustees of the corporate bonds: The trustees have given the Chairperson full authority to handle the issuance of the bonds.
- Underwriter or agent: KGI Securities Co., Ltd.
- Guarantor(s) for the issuance: NA
- Agent for payment of the principal and interest: WNC's Stock Office
- Certifying institution: NA
- Where convertible into shares, the rules for conversion: The conversion measures will be handled in accordance with relevant laws and regulations, and will be reported to the relevant competent authorities for approval before being announced in a separate announcement.
- Sell-back conditions: The conversion measures will be handled in accordance with relevant laws and regulations, and will be reported to the relevant competent authorities for approval before being announced in a separate announcement.
- Buyback conditions: The conversion measures will be handled in accordance with relevant laws and regulations, and will be reported to the relevant competent authorities for approval before being announced in a separate announcement.
- Reference date for any additional share exchange, stock swap, or subscription: The conversion measures will be handled in accordance with relevant laws and regulations, and will be reported to the relevant competent authorities for approval before being announced in a separate announcement.
- Possible dilution of equity in case of any additional share exchange, stock swap, or subscription: The conversion measures will be handled in accordance with relevant laws and regulations, and will be reported to the relevant competent authorities for approval before being announced in a separate announcement.
- Any other matters that need to be specified: In case of any changes in laws and regulations, amendments by competent authorities, requests for modification by the Taiwan Securities Association, or adjustments or modifications due to other subjective or objective factors, the chairperson is fully authorized to modify or adjust the underwriting method, issuance schedule, amount raised, terms of issue, conversion method, the total amount of funds required for the plan, sources of funds, planned projects, progress of fund utilization, expected benefits and other key items related to the 3rd issuance of domestic unsecured convertible corporate bonds.