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PSC fails to secure agreement to reset bond conversion price

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Thursday 14 May 2009 0

DRAM maker Powerchip Semiconductor Corporation (PSC) has failed to secure consent for its plan to reset the conversion price of its US$150 million zero coupon convertible bonds from the bondholders, according to the company.

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