YAGEO’s $180 Million Convertible Bond Offering


Simpson Thacher represented the initial purchasers in the offering

YAGEO Corporation completed the offering of $180 million Currency Linked Zero Coupon Convertible Bonds (the “Bonds”) due 2025.

The Bonds are listed on the Singapore Exchange Securities Trading Limited. Citi and UBS acted as the joint bookrunners for the offering.

YAGEO is a leading global electronic component company with production and sales facilities in Asia, Europe and the Americas. YAGEO’s shares are listed on the Taiwan Stock Exchange.

The Simpson Thacher team for Citi and UBS included Yi Gao (Picture), Howie Farn, Sarah Tang and Keng-Wen Lin (Capital Markets); and Jonathan Cantor and Edward Grais (Tax).

Involved fees earner: Jonathan Cantor – Simpson Thacher & Bartlett; Howie Farn – Simpson Thacher & Bartlett; Yi Gao – Simpson Thacher & Bartlett; Edward Grais – Simpson Thacher & Bartlett; Sarah Tang – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Citibank; UBS;

Author: Michael Patrini