AcBel Polytech trims conversion price on domestic convertible bonds

By Marisa Wong

Los Angeles, April 6 – AcBel Polytech Inc. announced an adjustment to the conversion price of its first domestic convertible bond.

The conversion price will be lowered to NT$37.7 from NT$38.8 per common share, effective April 28.

The adjustment is due to a distribution of cash dividends.

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

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