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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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