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Prospect News home > News index > List of issuers G > Headlines for Gloria Material Technology Corp. > News item
Published on 6/8/2023 in the Prospect News Convertibles Daily.

Taiwan’s Gloria Material lowers conversion price on domestic bond

Chicago, June 8 – Gloria Material Technology Corp. is adjusting the conversion price on its sixth domestic convertible bond because of a cash dividend distribution, according to a notice.

The new conversion price, as of July 4, will be NT$32.5 per common share from a previous NT33.9 per share.

The issuer is a specialty alloy manufacturer and is based in Tainan, Taiwan.


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