TSMC Announces Proposed Offering of Senior Unsecured Notes
On October 18, 2021, TSMC Arizona Corporation ("TSMC Arizona"), a wholly-owned subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TWSE: 2330, NYSE: TSM) ("TSMC"), announced that it proposes to offer U.S. dollar-denominated senior unsecured notes (the "Notes"), unconditionally and irrevocably guaranteed by TSMC, subject to market and other conditions, in an underwritten public offering registered with the United States Securities and Exchange Commission (the "SEC"). The principal amount, interest rates, maturity dates and other terms of the Notes have not been finalized and will be determined at the time of pricing of the offering.
TSMC and TSMC Arizona intend to use the net proceeds of the sale of the Notes for general corporate purposes.
This document contains information about the pending offering of Notes, and there can be no assurance that the offering will be completed.
This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. An automatic shelf registration statement (including a prospectus) relating to the offering of debt securities was filed with the SEC on October 18, 2021, and became effective upon filing. The offering of the Notes will be made only by means of a prospectus included in that registration statement, the preliminary prospectus supplement and the final prospectus supplement, when available. You may obtain these documents for free by visiting EDGAR on the SEC's website www.sec.gov. Alternatively, copies of the prospectus, the preliminary prospectus supplement and the final prospectus supplement, when available, relating to the offering may be obtained by contacting Goldman Sachs & Co. LLC, the sole global coordinator, Attention: Prospectus Department at 200 West Street, New York, NY 10282, by calling 1-866-471-2526 or by emailing Prospectusfirstname.lastname@example.org.
This document may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "propose," "intend," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements, including statements related to the expectations regarding the size, number of tranches, timing and completion of the proposed offering, are not guarantees of future performance, results or the completion of any offering on any announced terms, or at all, and involve risks and uncertainties, and that actual results, developments or timing of events may differ materially from those in the forward-looking statements as a result of various factors, including financial community and rating agency perceptions of our business, operations, financial condition and the industries in which we operate, market conditions, the satisfaction of customary closing conditions related to the proposed offering and the factors described in the our filings with the SEC, including the section titled "Risk Factors" in the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus, TSMC's annual report on Form 20-F for the fiscal year ended December 31, 2020, originally filed with the SEC on April 16, 2021 (which is incorporated by reference in the preliminary prospectus supplement, the final prospectus supplement and accompanying prospectus) and TSMC's current report on Form 6-K, originally furnished to the SEC on October 18, 2021, including the exhibits titled "Operating and Financial Review and Prospects for the Six Months Ended June 30, 2021" and "Unaudited Condensed Consolidated Financial Statements for the Six Months Ended June 30, 2021" (which is incorporated by reference in the preliminary prospectus supplement, the final prospectus supplement and accompanying prospectus). We disclaim any obligation to update any forward-looking statements contained herein, except as required under applicable law.
TSMC - Taiwan Semiconductor Manufacturing Company Ltd. published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by, unedited and unaltered, on 18 October 2021 21:21:07 UTC.