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Published on 6/15/2004 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Taiwan's Silicon Integrated buys back $27.1 million convertibles

New York, June 15 - Silicon Integrated Systems Corp. said it spent $27.06 million from June 10 to June 15 to buy back its euro convertible bonds.

The Hsinchu, Taiwan, chipmaker bought the securities from National Asset Management Ltd. and SinoPac Securities (Asia) Ltd.

Silicon Integrated now has $13.64 million of the convertibles outstanding.

On June 9, Silicon Integrated said it spent $21.78 million from June 7 to June 9 to buy back its euro convertible bonds, on June 4, it said it spent $9.45 million from May 28 to June 4 and on May 27 it said it spent $17.46 million from May 6 to May 27.


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