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AU Optronics buys back $100 million of 0% convertible bonds due 2015
By Marisa Wong
Madison, Wis., Sept. 23 - AU Optronics Corp. said that it repurchased and canceled $100 million of its $800 million zero-coupon convertible bonds due 2015 on Friday.
The bonds were purchased at 78.667.
Following the cancellation, $700 million principal amount of the convertibles remains outstanding.
Hsin-Chu, Taiwan-based AU Optronics designs, develops, manufactures, assembles and markets flat-panel displays.
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