SMIC Raises Capital from Datang and CIC
Posted on 08/26/2014
Shanghai-based Semiconductor Manufacturing International Corporation (SMIC) is raising capital from investors. SMIC has plans to offer senior bonds and preferred shares to Datang Telecom Technology & Industry Holdings Co., Ltd. In addition, SMIC has sold preferred shares to Country Hill, a sovereign wealth enterprise of the China Investment Corporation (CIC). Country Hill is subscribing to […]