United Microelectronics (TPE:2303) has set the conversion price for its second domestic unsecured convertible corporate bond at NT$130.7 per share, representing a 104.98% premium over the base price.
The base price of NT$124.5 was determined based on the average closing price of United Microelectronics' common shares over the trading day before Aug. 14, according to a bourse filing on the same day.
The bond issuance became effective upon filing with Taiwan's Financial Supervisory Commission on July 17.
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