Brief: Elite Material to issue 4th series domestic unsecured convertible corporate bonds of up to T$1.5 bln

Elite Material Co

24/03/2017 13:21

March 24 (Reuters) - Elite Material Co Ltd  2383.TW : 
     
    * Says it will issue the 4th series domestic unsecured 
convertible corporate bonds, worth up to T$1.5 billion 
    * Says par value and issue price of T$100,000 for the bonds 
    * Maturity period of five years and coupon rate of 0 percent 
for the bonds 
    * Proceeds to be used for bank loan repayment and operating 
funds enrichment 
     
     
    Source text in Chinese: https://goo.gl/Qu77bH 
    Further company coverage: 2383.TW  
 
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