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Provider: KGI Greater China

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Epistar Corp Announces Details for Unsecured Corporate Bonds

Thursday, 1 Aug 2013 09:16pm EDT 

Epistar Corp announced that it will issue fourth tranche of overseas unsecured convertible corporate bonds worth USD 250 million, each with par value and an issue price of USD 100,000 or an integral multiple of USD 100,000, a term of five years and a coupon rate of 0%, on August 7, 2013. The maturity date is August 7, 2018 and conversion price is NTD 65.13 per share. The proceeds will be used for payment for third tranche of overseas unsecured corporate bonds, bank loans and business operation. 

Company Quote

-1.8 -3.45%
1:30am EDT