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Published on 10/14/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Epistar buys back portion of zero-coupon convertible bonds due 2016

By Marisa Wong

Madison, Wis., Oct. 14 - Epistar Corp. said it repurchased $6.8 million of its $280 million zero-coupon convertible bonds due 2016.

The bonds were repurchased in open market transactions and will be subsequently cancelled.

Epistar is an LED chipmaker based in Hsinchu, Taiwan.


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