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Radiant cuts conversion price on convertibles, euro convertibles
By Marisa Wong
Madison, Wis., July 7 – Radiant Opto-Electronics Corp. said it lowered the conversion price of its convertible bonds and euro convertible bonds.
Radiant lowered the conversion price of its convertible bonds to NT$136.59 from NT$143.55 and the conversion price of its euro convertible bonds to NT$103.20 from NT$108.47.
The new conversion prices will take effect from July 28.
The backlight module manufacturer and research and development company is based in Kaohsiung City, Taiwan.
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