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Published on 9/4/2015 in the Prospect News Convertibles Daily.

Zhen Ding cuts conversion price on euro convertible bonds due 2019

By Marisa Wong

Morgantown, W.Va., Sept. 4 – Zhen Ding Technology Holding Ltd. said it lowered the conversion price of its zero-coupon euro convertible bonds due 2019 to NT$100.421 per share from NT$104.511 per share.

The new conversion prices become effective on Sept. 6.

Zhen Ding issued $300 million of the second issue overseas convertibles in June 2014.

The circuit manufacturer is based in Taoyuan, Taiwan.


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