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Taiwan's Arima Computer redeems 0% convertibles
New York, March 22 - Arima Computer Corp. said it has now completely redeemed its zero-coupon convertible bonds due 2007.
The company originally issued $70 million of the securities in August 2002.
Arima, a Taipei, Taiwan, maker of computer products and assemblies, reported on March 17 that it had bought back $18.65 million of the securities and on June 30, 2004 that it had bought back $49.85 million.
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