Delta Electronics Seeks $1.5 Billion Thai-Linked Bonds
Delta Electronics plans a US$1.5 billion zero-coupon, dual-tranche exchangeable bond issue via its Singapore unit, backed by Delta Electronics Thailand shares, with US$500 million due in 2027 at a 15% premium and US$1 billion due in 2031 at a 30% premium, to fund working capital and expansion. The notes can be exchanged into DET shares, with 2031 bonds offering a put option and both tranches carrying specific redemption terms, while the deal aims to minimize equity dilution for minority holders.
Finance · 7 sources · Sep 16, 2026Read itThe journal
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About Delta Electronics
Delta Electronics, Inc. is a Taiwanese electronics manufacturing company. Its headquarters are in Neihu, Taipei. It is known for its DC industrial and computer fans, data center rectifiers, data center liquid cooling systems and switching power supplies. The company operates approximately 200 facilities worldwide, including manufacturing, sales, and R&D centers.
Everything about Delta Electronics →- Country
- Taiwan
- Headquarters
- Taipei
- Inception
- 1971
- Website
- http://www.deltaww.com/, https://www.deltapsu.com/