Taiflex suspends bond conversion for one month on 2026 convertibles

Chicago, June 7 – Taiflex Scientific Co., Ltd. announced an upcoming suspension period for any conversion of its $70 million global zero-coupon convertible bonds due 2026 (ISIN: XS2385251017) in a notice.

Bondholders may not convert their bonds from June 16 to July 15 due to a dividend distribution.

Based in Taiwan, Taiflex provides products utilizing polymer composites and precise coating technologies.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.