Taiwan's Farglory Land plans clean-up call for fourth convertibles

By Marisa Wong

Madison, Wis., July 20 - Farglory Land Development Co., Ltd. said that it will redeem all of its outstanding fourth issue corporate convertible bonds.

The bonds will be redeemed on Sept. 6 at par.

The company is redeeming the convertibles, because less than 10% of the original principal amount remains outstanding.

Farglory develops and constructs commercial and residential buildings and is based in Taipei, Taiwan.

© 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.