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Globe Union Industrial redeems $14 million euro convertible bonds
By Jennifer Chiou
New York, May 25 - Globe Union Industrial Corp. announced the redemption of $14 million of its euro convertible bonds.
The company paid $14,497,510 for the bonds and canceled the 1.4 million redeemed units.
Based in Taichung, Taiwan, Globe Union manufactures faucets, showerheads, bathroom equipment and other related hardware products.
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