Taiwan's Ichia Technologies plans $72 million convertible offering

New York, April 30 - Ichia Technologies Inc. said it plans to sell a $72 million offering of euro convertible bonds.

The securities will have a five-year maturity, and the company is aiming for a 0% coupon.

Proceeds will be used to buy machinery and equipment, to make overseas investments and to buy materials.

The underwriter will be Taiwan Securities (H.K.) Ltd. Co. outside Taiwan and Taiwan Securities Ltd. Co. in Taiwan.

The offering was authorized at a board meeting of the Taoyuan, Taiwan, maker of keyboards and printed circuit boards.

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