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| Name | Symbol | Market | Type |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | NYSE:TSM | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.87 | -0.61% | 140.69 | 1,525 | 09:01:38 |
From May 2021 to May 2024
By Kosaku Narioka
Taiwan Semiconductor Manufacturing Co. said Thursday that its Arizona unit plans to issue $4.5 billion of senior unsecured notes at a discount to raise funds for general corporate purposes.
The world's largest contract chip maker said the unit plans to sell $1.25 billion of 1.750% notes due 2026 and $1.25 billion of 2.500% notes due 2031. The Arizona unit also plans to sell $1 billion of 3.125% notes due 2041 and $1 billion of 3.250% notes due 2051.
TSMC said the offering is expected to close Oct. 25.
Earlier this year, TSMC pledged to spend $100 billion over three years on developing new technologies and facilities. The company is building a $12 billion chip factory in Arizona.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
October 21, 2021 04:29 ET (08:29 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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