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GlobalWafers cuts conversion price on overseas convertible bonds
By Mary-Katherine Stinson
Lexington, Ky., Jan. 5 – GlobalWafers Co. Ltd. lowered the conversion price of its overseas convertible bonds, according to an announcement.
Effective Jan. 12, the conversion price will be adjusted to NT$988.86 from NT$1,003.09. A cash dividend distribution precipitated the adjustment.
GlobalWafers is a Hsinchu, Taiwan-based semiconductor company.
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