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Prospect News home > News index > List of issuers T > Headlines for Taichung Commercial Bank Co., Ltd. > News item
Published on 8/28/2013 in the Prospect News Convertibles Daily.

Taichung Commercial cuts conversion price of domestic convertibles

By Marisa Wong

Madison, Wis., Aug. 28 - Taichung Commercial Bank Co., Ltd. said it will lower the conversion price for its first domestic convertible financial bonds to NT$10.09 from NT$10.82.

The price adjustment, which is due to the issuance of 168,108,954 Taichung common shares, will become effective Sept. 17.

The bank is based in Taichung, Taiwan.


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