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Published on 9/29/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Taiwan's Sunonwealth buys back $1.5 million convertibles

New York, Sept. 29 - Sunonwealth Electric Machine Industry Co., Ltd. said it bought back $1.5 million of its convertible bonds at a price of 107.6.

The company previously said on June 29 that it repurchased $3.5 million of the convertibles at a price of 107.5.

Sunonwealth is a Kaohsiung, Taiwan, maker of fans and electric motors.


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