Zhen Ding Technology to Redeem Overseas Convertible Bonds Early

MT Newswires Live12-04 15:46

Zhen Ding Technology (TPE:4958) will redeem its unsecured overseas convertible bonds early on Jan. 5, according to a Thursday Taiwan Exchange filing.

The move follows the company's bond plan, which allows early redemption once over 90% of the bonds have been redeemed, repurchased, canceled, or converted.

The debt securities are zero-coupon USD convertible corporate bonds.

Other details were not disclosed.

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