Bora Pharmaceuticals calls second non-guaranteed convertible bonds

By Mary-Katherine Stinson

Lexington, Ky., Aug. 22 – Bora Pharmaceuticals Co., Ltd. will redeem its second domestic non-guaranteed convertible bonds at par on Oct. 13, according to a notice.

The deadline to apply the conversion of debt voucher is Oct. 12.

The notification and acceptance period of the exercise of redemption rights is Sept. 14 to Oct. 13.

If the amount of the outstanding bonds is 10% lower than the original amount issued, the company may send a notice of bond redemption within a 30-day effective period.

Bora Pharmaceuticals is a pharmaceutical company based in Taipei, Taiwan.

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