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Taiwan's Evergreen Marine plans NT$4.5 billion convertible
New York, July 19 - Evergreen Marine Corp. said it plans to sell NT$4.5 billion of zero coupon domestic convertible bonds.
The securities will have a five-year maturity and carry a zero coupon.
Proceeds will be used to pay maturing debt.
Evergreen Marine, a Taipei, Taiwan, container shipping line, said President Securities Corp. will be the underwriter for the deal.
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