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Published on 4/19/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Taiwan Paiho buys back $10 million convertibles

New York, April 19 - Taiwan Paiho Ltd. said it bought back $10 million of its zero-coupon convertible bonds due 2008.

The Taipei, Taiwan, maker of fabric fastening tape paid 104.04% of par.

Taiwan Paiho originally issued $30 million of the securities.


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