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Published on 5/27/2004 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Taiwan's Silicon Integrated buys back $17.5 million convertibles

New York, May 27 - Silicon Integrated Systems Corp. said it spent $17.46 million from May 6 to May 27 to buy back its euro convertible bonds.

The Hsinchu, Taiwan, chipmaker paid 108.39 to 109 for the securities.

Silicon Integrated bought the securities from Yuanta Asset Management Ltd.

The company has $67.36 million of the convertibles outstanding.


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