|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||N/A - N/A|
|52 Week Range||1,405.00 - 2,700.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.88|
Semiconductor Manufacturing International Corporation (SEHK: 981; OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2020.
Moody's Investors Service has assigned a Baa3 senior unsecured rating to Semiconductor Manufacturing International Corporation's (SMIC, Baa3 stable) proposed bond. The proceeds from the proposed bond will be used by SMIC for capital expenditure for capacity expansion and other general corporate purposes. "The proposed notes will further enhance SMIC's solid liquidity position, and provide more financial flexibility for further business expansion," says Chenyi Lu, a Moody's Senior Credit Officer.