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Published on 6/16/2023 in the Prospect News Convertibles Daily.

Taiwan’s Great Tree Pharmacy adjusts conversion price of bonds

By Mary-Katherine Stinson

Lexington, Ky., June 16 – Great Tree Pharmacy Co., Ltd. adjusted the conversion price of its privately placed first domestic convertible bonds, according to a notice.

The price will be adjusted to NT$266.9 on the ex-dividend record date due to distribution of cash dividends. The adjustment will be effective July 11.

Great Tree is a Taoyuan City, Taiwan-based pharmaceutical and medicine manufacturing company. It was formerly known as Da Shu Pharmaceutical Co., Ltd.


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