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BRIEF-Patec Precision Industry to issue 1st series domestic unsecured convertible corporate bonds of T$250 mln
October 12, 2016 / 4:06 AM / a year ago

BRIEF-Patec Precision Industry to issue 1st series domestic unsecured convertible corporate bonds of T$250 mln

Oct 12 (Reuters) - Patec Precision Industry :

* Says it will issue the 1st series domestic unsecured convertible corporate bonds, worth T$250 million

* Says par value and issue price of T$100,000 for the bonds

* Maturity period of three years and coupon rate is 0 percent for the bonds

* Proceeds to be used for bank loan repayment and equipment purchase

Source text in Chinese: goo.gl/en2psa

Further company coverage: (Beijing Headline News)

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