Siliconware board authorizes issuance of $200 million convertibles

New York, Dec. 24 - Siliconware Precision Industries Co. Ltd. said its board of directors has authorized the company to issue up to $200 million of convertible bonds.

Timing of the issue and terms will be set based on market conditions, the Taichung, Taiwan, semiconductor packaging and testing company said.

No underwriter was named for the offering.

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