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Published on 11/29/2010 in the Prospect News Convertibles Daily.

Synnex Technology plans to issue up to NT$5 billion 0% convertibles

By Marisa Wong

Madison, Wis., Nov. 29 - Synnex Technology International Corp. announced that its board of directors approved the second issuance of unsecured convertible bonds.

The company plans to issue up to NT$5 billion of 0% convertible bonds.

Proceeds will be used to repay bank loans to improve the financial structure of the company.

The information technology and telecommunications company is based in Taipei, Taiwan.


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