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PSC to offer cash compensation to encourage conversion of ECB into shares

Josephine Lien, Taipei; Adam Hwang, DIGITIMES Asia Monday 18 January 2010 0

Taiwan-based DRAM maker Powerchip Semiconductor Corporation (PSC) will encourage holders of its US$133 million zero-coupon ECB (euro convertible bond) to convert their issues into PSC shares by offering cash compensation for the gap between the bond...

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