TAIWAN
Firms Expect to Raise More Than $1 Billion This Quarter: Executives and analysts said Taiwan companies expect to raise that amount in international capital markets through bond and stock sales. They include industrial blue chip Formosa Plastics Corp., which plans to raise $350 million in a bond sale, and electronics group Yageo Corp., which launched a stock issue nearly two weeks ago. Taiwan is already one of the largest Southeast Asian issuers internationally of stocks and bonds this year, said Justin Leverenz, an analyst with Barclays de Zoete Wedd Securities in Taipei, after sales of more than $1 billion were realized by about 20 Taiwanese companies over the spring and summer.
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