By Chang Chien-chung,
Frances Huang and Joseph Yeh
In a public notice, TSMC said the bonds will comprise three tranches — NT$4.8 billion payable over five years, NT$8 billion over seven years and NT$2.8 billion over 10 years.
The interest rates will be 0.5 percent on the five-year bonds, 0.58 percent on the seven-year ones and 0.6 percent on the 10-year tranche, TSMC said.
The company did not disclose when and where the bonds will be sold but said the funds will be used to finance capacity expansion. [FULL STORY]