Taiwan’s Regal Holding trims conversion price of convertible bonds

By Mary-Katherine Stinson

Lexington, Ky., Aug. 19 – Regal Holding Co., Ltd. announced an adjustment to the conversion price of its first domestic unsecured convertible bonds, according to a notice Friday.

Effective Sept. 11, the conversion price will be adjusted to NT$27.8 from NT$29.9 per share due to a cash dividend payment that will be distributed to shareholders.

Taipei City, Taiwan-based Regal is a holding company. It designs, manufactures and retails jewelry and precious metal jewelry through its subsidiaries.

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