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Ennoconn to adjust conversion price on unsecured convertible bonds
By Taylor Fox
New York, Aug. 25 – Ennoconn Corp. plans to adjust the conversion price of its unsecured convertible bonds, series two, to NT$349.2 from NT$383.5 and the price of its unsecured convertible bonds, series three, to NT$236.4 from NT$259.6, according to an announcement.
The conversion price of its unsecured ECB will also be adjusted to NT$399.65 from NT$445.2.
All adjusted conversion prices will take effect on Sept. 15.
Ennoconn designs industrial motherboards and is based in Taipei, Taiwan.
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