Questionable Stats ChipPAC funding plan unravels

IFR Asia
16 Aug 2008

It was perhaps a straightforward reflection of that state of credit markets. Stats ChipPAC, 83.8%-owned by the Triple A rated Temasek, has seen its bond and loan ambitions unravel. The entity which at one point eyed a combined US$1.5bn funding via a bond and loan has been rebuffed.

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