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Published on 7/16/2004 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Taiwan's Silicon Integrated buys back $10.4 million convertibles

New York, July 16 - Silicon Integrated Systems Corp. said it bought back $10.36 million of its euro convertible bonds from June 17 to July 16.

The Hsinchu, Taiwan, chipmaker bought the securities from National Asset Management Ltd.

Silicon Integrated now has $4.15 million of the convertibles outstanding.

On June 15, Silicon Integrated said it spent $27.06 million from June 10 to June 15 to buy back its euro convertible bonds, on June 9, it said it spent $21.78 million from June 7 to June 9, on June 4, it said it spent $9.45 million from May 28 to June 4 and on May 27 it said it spent $17.46 million from May 6 to May 27.


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