Simpson Thacher Represents Underwriters in Offering of US$300 Million Principal Amount of Zero Coupon Convertible Bonds by Pegatron Corporation

The Hong Kong office of the Firm represented the underwriters, led by Citibank Global Markets Limited and DBS Bank Limited, in the offering of US$300 million principal amount of Zero Coupon Convertible Bonds (the “Bonds”) by Pegatron Corporation (“Pegatron”).

 
Pegatron is a global  leader in electronic and computing DMS, or design and manufacturing services, with extensive experience in product development and vertically integrated capabilities.  Pegatron was spun off from ASUSTeK Computer Inc. in 2010.  The common shares of Pegatron are traded on the Taiwan Stock Exchange under the trading code “4938”. The Bonds are listed on the Singapore Stock Exchange.
The Simpson Thacher team for the transaction included Chris Lin, Asher Hsu and Sarah Tang (Corporate).