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Taiwan Cement adjusts conversion price on first convertible bonds
By William Gullotti
Buffalo, N.Y., Oct. 20 – Taiwan Cement Corp. announced an adjustment to the conversion price of its first unsecured foreign currency convertible bonds on Friday.
The convertible price will be changed to NT$51.66 from NT$51.84 per common share.
The effective date of the adjustment is Oct. 20.
The issuer is a Taipei, Taiwan, cement company.
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