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Published on 7/14/2014 in the Prospect News Convertibles Daily.

TransAsia Airways to cut conversion price on 0% convertibles due 2018

By Marisa Wong

Madison, Wis., July 14 – TransAsia Airways Co., Ltd. will adjust the conversion price of its zero-coupon euro convertible bonds due 2018, according to a Taiwan Stock Exchange notice.

The conversion price will be lowered to NT$12.91 per share from NT$13.02 per share, effective July 21.

The airline is based in Taipei, Taiwan.


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