Innolux to redeem 0% convertibles due 2025 on Sept. 3

By Wendy Van Sickle

Columbus, Ohio, Aug. 3 – Innolux Corp. will redeem its first issue overseas zero-coupon euroconvertible bonds due Jan. 22, 2025 (ISIN: XS2099548427) on Sept. 3, according to a notice Tuesday.

The notice said the bonds are convertible because more than 90% of the $300 million of the initial bonds have been previously redeemed, repurchased, converted or canceled.

The bonds will continue to be convertible through Sept. 2.

Innolux is a Miaoli City, Taiwan-based TFT LCD panel producer.

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