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Published on 12/17/2021 in the Prospect News Convertibles Daily.

Phison Electronics adjusts conversion price for convertibles

By Rebecca Melvin

Concord, N.H., Dec. 17 – Phison Electronics Corp. has reduced the conversion price for its first domestic convertible corporate bond issuance, according to a regulatory notice.

The company has adjusted the conversion price to NT$556.3 per share from NT$570 per share, starting on Dec. 27.

Based in Hsinchu, Taiwan, the company designs and manufactures solid-state drives.


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