Board Resolves to Issue Unsecured Straight Corporate Bonds
Original: 本公司董事會決議發行無擔保普通公司債
Summary
Pegatron's Board of Directors has resolved to issue unsecured straight (plain-vanilla) corporate bonds. This represents a debt capital-markets fundraising event that will increase the company's leverage and affect its balance sheet. Full terms — including aggregate principal, maturity, coupon, and use of proceeds — are available on MOPS.
Full Translation
The Board of Directors of the Company has resolved to proceed with the issuance of unsecured ordinary (straight) corporate bonds. 'Unsecured' indicates the bonds carry no collateral backing from company assets; 'ordinary corporate bonds' (普通公司債) refers to plain fixed-income debt instruments, as distinct from convertible bonds or bonds with warrants. The resolution signals that management is pursuing bond-market financing, likely for capital expenditure, debt refinancing, or working-capital purposes — though the specific rationale and terms have not been disclosed in the subject line. [Body not available — subject line only. See MOPS for full announcement.]