Pan German Universal Motors (TPE:2247) approved the issuance of its domestic unsecured convertible bonds worth NT$1 billion, according to a Friday Taiwan Exchange filing.
Each bond will carry a face value of NT$100,000, and will be issued at no less than 101% of face value for a three-year term.
Proceeds will be used to boost the company's working capital, the luxury cars seller said.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。