Taiwan’s TPK Holding cuts conversion price on 2017 euro convertibles

By Marisa Wong

Madison, Wis., July 1 – TPK Holding Co., Ltd. said it adjusted the conversion prices for its zero-coupon euro convertible bonds due 2017.

The conversion price was lowered to NT$428.30 per share from NT$436.70 per share.

The adjustments become effective July 15.

Based in Taipei, Taiwan, TPK makes capacitative touch technology products used in smartphones and tablets.

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