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United Microelectronics buys back $9 million convertibles due 2016
By Marisa Wong
Madison, Wis., Sept. 22 - United Microelectronics Corp. said that it repurchased $9 million of its $500 million of zero-coupon convertible bonds due 2016 during the period of Sept. 9 to Sept. 21.
The repurchased bonds have been canceled.
Based in Taipei, Taiwan, United Microelectronics makes process integrated circuits for the semiconductor industry.
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