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Prospect News home > News index > List of issuers T > Headlines for TransAsia Airways Corp. > News item
Published on 12/7/2016 in the Prospect News Convertibles Daily and Prospect News Distressed Debt Daily.

TransAsia Airways to issue NT$180.4 million balance of convertibles

By Caroline Salls

Pittsburgh, Dec. 7 – TransAsia Airways Corp. will issue the NT$180.4 million balance of its NT$1 billion of convertible bonds at the end of this month, according to a news release.

The current conversion price is 11.1.

The company said the closing price of the bonds is 37.30.

As previously reported, TransAsia’s board of directors has voted to dissolve the company.

The airline is based in Taipei, Taiwan.


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