Taiwan’s MPI convertible bondholders may exercise put option Nov. 18

By Marisa Wong

Morgantown, W.Va., Aug. 12 – MPI Corp.’s convertible bondholders will be able to exercise their put option on Nov. 18, according to a Taiwan Stock Exchange notice.

The company said it will mail out a put option exercise booklet to bondholders before Oct. 9.

Bondholders will have right to redeem the bonds at par 40 days after the Nov. 18 ex-date.

MPI is a semiconductor wafer-level probing technology and LED testing equipment vendor. The company is based in Zhubei, Taiwan.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.