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Neo Solar Power lowers conversion price of 0% convertibles due 2017
By Marisa Wong
Madison, Wis., Nov. 24 – Neo Solar Power Corp. gave notice that it adjusted the conversion price for its $120 million of zero-coupon convertible bonds due 2017.
The conversion price was lowered to NT$38.51 from NT$38.74, effective as of Nov. 14.
The solar cell manufacturer is based in Hsinchu, Taiwan.
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