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PSC says bondholders agree to reset terms

MOPS; Jessie Shen, DIGITIMES Asia Monday 22 June 2009 0

Taiwan's Powerchip Semiconductor Corporation (PSC) has announced that it has received consent from at least 90% of its bondholders, which is sufficient to allow it to reset the conversion price of its US$157.85 million worth of euro convertible bonds...

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