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Lintes Technology resolves to issue domestic convertible bonds
By Wendy Van Sickle
Columbus, Ohio, Nov. 8 – Lintes Technology Co., Ltd. resolved to issue domestic convertible corporate bonds for the second time, according to a regulatory notice.
The company plans to sell NT$300 million of 0% bonds with no discount.
The bonds will have a three-year tenor.
Proceeds will be used to construct a factory.
The bonds will be offered via a public offering entirely through a bidding auction.
CTBC Securities Co., Ltd. is the underwriter.
The prospective issuer is a Taipei, Taiwan-based fiber optic cable manufacturing company.
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