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Syncmold offers NT$1.21 billion three-year zero-coupon convertibles
By Marisa Wong
Los Angeles, May 5 – Syncmold Enterprise Corp. plans to issue up to NT$1,212,000,000 of three-year convertible bonds, according to a notice.
The zero-coupon bonds will be issued at a price between par and 101.
This will be the company’s third issue of domestic convertible corporate bonds.
Proceeds will be used to repay bank loans and for long-term equity investment.
Syncmold is an electronic component manufacturing company based in Taiwan.
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