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Published on 6/29/2016 in the Prospect News Convertibles Daily.

Taiwan’s Pan Jit lowers conversion prices of convertible bonds

By Marisa Wong

Morgantown, W.Va., June 29 – Pan Jit International Inc. will adjust the conversion price of its sixth issue domestic secured convertible bonds, according to a Taiwan Stock Exchange notice.

The company will lower the conversion price of the sixth issue bonds to NT$11.69 from NT$12.37.

The new conversion prices take effect on July 23.

Pan Jit is a Koahsiung City, Taiwan-based maker of semiconductors.


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