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E Ink plans up to NT$2.5 billion of convertible corporate bonds
By Marisa Wong
Madison, Wis., Oct. 25 - E Ink Holdings Inc. said its board of directors has authorized the issuance of up to NT$2.5 billion of convertible corporate bonds.
This will be the company's third issue of unsecured convertible corporate bonds.
Pricing and bond terms have yet to be determined.
Proceeds will be used to repay bank loans.
E Ink makes electronic paper and LCD technologies for the eBook market and is based in Hsinchu, Taiwan.
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