E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers A > Headlines for AU Optronics Corp. > News item
Published on 7/13/2011 in the Prospect News Convertibles Daily.

AU Optronics lowers conversion price of 0% convertibles due 2015

By Marisa Wong

Madison, Wis., July 13 - AU Optronics Corp. said that it adjusted the conversion price of its $800 million zero-coupon convertible bonds due 2015 to NT$39.90 from NT$40.74, effective July 13.

The adjustment is due to payment of a cash dividend on Wednesday.

Citicorp International Ltd. is the trustee for the bonds.

Hsin-Chu, Taiwan-based AU Optronics designs, develops, manufactures, assembles and markets flat-panel displays.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.