TSMC Prices NT$14.8 Billion Green Bond Sale for Environmental Spending

Taiwan Semiconductor Manufacturing Company Limited (TSMC) priced NT$14.8 billion in green bonds Tuesday, setting five- and 10-year borrowing costs above its July sale as it funds green buildings and environmental spending. The unsecured offering, priced Nov. 3, consists of NT$12.4 billion in five-year bonds with a fixed annual coupon of 2.30% and NT$2.4 billion in 10-year bonds with a 2.42% coupon. Both tranches were sold at face value, and each bond has a face value of NT$10 million. The coupon is the fixed annual interest rate paid to bondholders.

Source: TokenPost