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Published on 9/22/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

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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