CONNECT WITH US

DRAM maker ProMOS asks bondholders to accept discount

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia 0

Financially distressed DRAM maker ProMOS Technologies has recently announced that its offer to buy back its outstanding zero coupon convertible bonds (CBs) will expire March 21, looking to redeem the bonds, worth US$335 million, for as little as 10%...

The article requires paid subscription. Subscribe Now