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Globe Union Industrial cuts conversion price on convertible bonds
By Marisa Wong
Morgantown, W.Va., July 6 – Globe Union Industrial Corp. lowered the conversion price of its convertible bonds, issue 2, to NT$15.7 from NT$17.1, according to a Taiwan Stock Exchange notice.
The new conversion price takes effect on July 27.
Globe Union manufactures faucets. The company is based in Taichung, Taiwan.
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