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EVA Airways plans up to NT$7 billion five-year convertible bonds
By Marisa Wong
Morgantown, W.Va., Aug. 10 – EVA Airways Corp. is planning to issue up to NT$7 billion of five-year domestic convertible bonds, according to a Taiwan Stock Exchange announcement.
The zero-coupon bonds will be sold at par.
KGI Securities Co. Ltd. will act as underwriter.
Proceeds will be used to repay bank borrowings.
The airline is based in Taoyuan City, Taiwan.
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