Taiwan High Speed Rail to call $300 million 0% convertibles due 2012

By Marisa Wong

Madison, Wis., Dec. 16 - Taiwan High Speed Rail Corp. said that it will redeem all $300 million of its outstanding zero-coupon convertible bonds due 2012.

The company received approval of the proposed redemption from its board of directors at a meeting on Dec. 16.

The Taipei, Taiwan, company develops and operates the high-speed railway system in Taiwan.

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