TSMC (TPE:2330) will issue NT$14.8 billion of unsecured green bonds in a public offering through underwriters, according to a Wednesday Taiwan Exchange filing.
The offering comprises two tranches. The first tranche is NT$12.4 billion five-year bonds with a coupon rate of 2.30%, while the second tranche is NT$2.4 billion 10-year bonds carrying a coupon rate of 2.42%.
Proceeds will fund green buildings and environmental protection expenditures, with Taishin Securities nominated as lead underwriter and Taipei Fubon Commercial Bank as trustee.
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