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Taiwan's Asia Cement to sell up to $250 million 0% exchangeables
By Susanna Moon
Chicago, Dec. 18 - Asia Cement Corp. said its board of directors approved issuing up to $250 million of unsecured overseas exchangeable bonds.
The maturity has temporarily been set at five years. The coupon has temporarily been set at 0%.
The issuer is a Kaohsiung, Taiwan-based cement company.
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