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Published on 2/9/2009 in the Prospect News Convertibles Daily.

Chi Mei to redeem all 0% exchangeables due 2011

By Devika Patel

Knoxville, Tenn., Feb. 9 - Chi Mei Corp. informed holders that it will redeem all $5 million of its outstanding zero-coupon exchangeable bonds due 2011 on March 18.

The company will pay 101.131 for the bonds.

Chi Mei is an acrylic sheet manufacturer in Taiwan.


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