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Flexium Interconnect eyes $120 million zero-coupon convertibles
By Marisa Wong
Morgantown, W.Va., Feb. 7 – Flexium Interconnect Inc. plans to issue up to $120 million of zero-coupon euro convertible bonds, according to a Taiwan Stock Exchange notice.
The three-year bonds will be issued at par.
Proceeds will be used to purchase raw materials and machinery.
This will be the Kaohsiung, Taiwan-based circuit board manufacturer’s third issue of euro convertibles.
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