SMIC Announces Proposed Issue of US$600 Million 2.693% Bonds Due 2025
Approval in-principle has been received for the listing of and quotation for the Bonds on the SGX-ST.
- Approval in-principle has been received for the listing of and quotation for the Bonds on the SGX-ST.
- Please refer to the paragraph headed ''The Subscription Agreement'' under the section ''Issue of the Bonds'' below for further information.
- The gross proceeds from the issue of the Bonds will be approximately US$600 million.
- The net proceeds (net of fees, commissions and expenses) from the issue of the Bonds will be approximately US$596.5 million.