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Published on 1/27/2014 in the Prospect News Convertibles Daily.

Far Eastern International to cut conversion price of euro convertibles

By Marisa Wong

Madison, Wis., Jan. 27 - Far Eastern International Bank said it will lower the conversion price of its euro convertible bonds due 2018 to NT$14.09 from NT$14.24.

The new conversion price will be effective from Jan. 28.

The Taipei, Taiwan-based bank issued $150 million of the convertibles in February 2013.


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