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Prospect News home > News index > List of issuers K > Headlines for Kaori Heat Treatment Co., Ltd. > News item
Published on 11/16/2023 in the Prospect News Convertibles Daily.

Kaori Heat plans convertibles with 3.9% initial conversion premium

Chicago, Nov. 16 – Kaori Heat Treatment Co., Ltd. set the initial conversion premium at 3.9% for its fourth issue of domestic convertible corporate bonds, according to an announcement.

The company’s common stock closed at NT$231 per share on Nov. 16.

The initial conversion price will be NT$240 per share.

The Taoyuan, Taiwan-based company manufactures brazed plate heat exchangers.


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