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Published on 2/15/2022 in the Prospect News Convertibles Daily.

AcBel Polytech sets premium, conversion price for convertibles

By Rebecca Melvin

Concord, N.H., Feb. 15 – AcBel Polytech Inc. set the premium and conversion price for its first domestic convertible corporate bond issuance, according to a regulatory notice.

Using a 115.48% conversion premium to the company’s closing stock price on Monday, a conversion price is NT$38.8.

The maker of electronic power supplies is based in Taipei, Taiwan.


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