Zhen Ding Technology to redeem overseas convertibles on Aug. 15

By Mary-Katherine Stinson

Lexington, Ky., July 14 – Zhen Ding Technology Holding Ltd. will redeem its third issuance of overseas convertible bonds identified with the ISIN XS2195093674 on Aug. 15, according to a Taiwan Stock Exchange notice.

The bonds were eligible for early redemption as over 90% of the bonds are no longer outstanding, having been redeemed or repurchased and canceled or having been converted as bondholders exercised their conversion rights.

The outstanding bonds will be redeemed on Aug. 15 at face value.

Zhen Ding manufactures circuits used in computers, consumer electronics and communication and networking products. The company is based in Taoyuan, Taiwan.

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