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Published on 7/29/2021 in the Prospect News Convertibles Daily.

Taiwan’s Mercuries & Associates adjusts price of domestic convertibles

By William Gullotti

Buffalo, N.Y., July 29 – Mercuries & Associates Holding, Ltd. announced an adjustment to the conversion price of its first domestic unsecured convertible bond, according to a notice.

The company lowered the conversion price of the bonds to NT$21.54 per common share from NT$22.50 per common share. The adjustment, effective Aug. 22, is due to a dividend payment.

Mercuries & Associates is a Taiwan-based investment holding company.


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