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Published on 8/3/2011 in the Prospect News Convertibles Daily.

Evergreen Marine cuts exchange price on domestic secured exchangeables

By Marisa Wong

Madison, Wis., Aug. 3 - Evergreen Marine Corp. (Taiwan) Ltd. said it has decided to adjust the exchange price on its first domestic secured exchange corporate bonds.

The exchange price will be lowered to NT$28.87 from NT$29.71, effective Aug. 24.

Evergreen Marine is a container freight shipping company based in Luzhu, Taiwan.


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