Vanguard International Semiconductor: Announcement of Principal Terms for VIS’s 1st Unsecured Corporate Common Bond Issuance in 2022 (111-1)

Provided by: Vanguard International Semiconductor Co.

SEQ_NO

1

announcement date

2022/03/21

Announcement time

14:33:16

Topic

 Announcement of the major terms of the 1st issue
of unsecured corporate straight bond of VIS in 2022
(111-1)

Date of events

2022/03/21

What item it responds to

paragraph 11

Declaration

1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate
bonds of ___________ (company)]:
1st issue of unsecured corporate straight bonds of Vanguard International
Semiconductor Corporation in 2022 (111-1)
3.Whether to adopt shelf registration(Yes/No):No
4.Total amount issued:
Total amount NT$7 billion; comprised of NT$6 billion Tranche A and
NT$1 billion Tranche B
5.Face value per bond:NT$10 million
6.Issue price:At par
7.Issuance period:All 5 years of Tranche A & Tranche B
8.Coupon rate:0.90% p.a. of Tranche A & 0.85% p.a. of Tranche B
9.Types, names, monetary values and stipulations of collaterals:None
10.Use of the funds raised by the offering and utilization plan:For
capacity expansion and/or environmental protection related capital
expenditures
11.Underwriting method:Public offering through underwriters
12.Trustees of the corporate bonds:CTBC Bank Co., Ltd.
13.Underwriter or agent:KGI Securities Co., Ltd as the lead underwriter
14.Guarantor(s) for the issuance:None
15.Agent for payment of the principal and interest:CTBC Bank Co., Ltd.
16.Certifying institution:None
17.Where convertible into shares, the price and the rules for conversion:NA
18.Sell-back conditions:None
19.Buyback conditions:None
20.Reference date for any additional share exchange,
stock swap, or subscription:NA
21.Possible dilution of equity in case of any additional
 share exchange, stock swap, or subscription:NA
22.Any other matters that need to be specified:Announcement of the major
terms of the 1st issue of unsecured corporate straight bond in 2022
subsequent to 2021/12/10 VIS Board of Directors' approval of the issuance
of unsecured corporate straight bond.