Taiwan's Feedback sets conversion price for second issue convertibles

By Marisa Wong

Madison, Wis., Oct. 28 - Feedback Technology Corp. announced the conversion price and premium of its second issue of 0% secured convertible corporate bonds. The conversion price is NT$52.7 per share, which is a 1% premium to the Oct. 28 closing share price of NT$52.2.

The company priced NT$250 million of the secured convertibles in September. The second issue settled on Oct. 12.

Based in Hsinchu City, Taiwan, Feedback develops and manufacturers products in the semiconductor, LCD, LED and vacuum industries.

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