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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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