Walsin Technology sets conversion price for convertible bonds

By Marisa Wong

Los Angeles, April 21 – Walsin Technology Corp. announced that the conversion price for its first issue domestic convertible bonds will be NT$240 per share.

The conversion price reflects a 120% premium over the NT$200 base share price of the company’s stock on April 20, according to a Taiwan Stock Exchange notice.

In February the company announced plans to issue up to NT$4.8 billion of zero-coupon convertible bonds with a maturity of four years.

Walsin manufactures ceramic electronic components. The company is based in Taipei, Taiwan.

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