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Prospect News home > News index > List of issuers T > Headlines for TransAsia Airways Corp. > News item
Published on 5/12/2014 in the Prospect News Convertibles Daily.

TransAsia Airways plans up to NT$1 billion 0% five-year convertibles

By Marisa Wong

Madison, Wis., May 12 - TransAsia Airways Corp. plans to issue up to NT$1 billion of 0% domestic convertible bonds, according to a Taiwan Stock Exchange notice.

The five-year convertible bonds will be issued at par.

Proceeds will be used to purchase flight equipment.

TransAsia's board of directors approved the proposed issuance on Monday.

The airline is based in Taipei, Taiwan.


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