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Published on 6/25/2008 in the Prospect News Convertibles Daily.

Tainan Enterprises lowers conversion price on euro convertibles to NT$35.40

By Devika Patel

Knoxville, Tenn., June 25 - Tainan Enterprises Co., Ltd. announced that it is lowering the conversion price of its euro convertible bonds, which were issued in March 2004, to NT$35.40 from NT$36.40.

Tainan Enterprises, based in Taiwan, manufactures and distributes garments.


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