ASE Technology Holding Co., Ltd. (NYSE: ASX) priced a $1 billion offering of currency-linked zero-coupon convertible bonds. These bonds are scheduled to mature in 2031. The company offered the securities exclusively to investors outside of the United States. The issuance date is set for August 10, 2026.
ASE Technology will use the net proceeds for capital contributions to its subsidiaries. These funds are allocated to repay existing bank loans and purchase materials in foreign currencies. This strategic financing aims to strengthen the company's balance sheet and support its global semiconductor operations.