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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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