Jarllytec to issue second domestic convertibles up to NT$8 billion

By Mary-Katherine Stinson

Lexington, Ky., Nov. 10 – Jarllytec Co., Ltd.’s board of directors has approved the issue of its second domestic unsecured convertible bonds in an amount up to NT$8 billion, according to a notice.

The 0% three-year bonds will be issued through a public offering with the actual issue price per bond to be determined according to the results of a competitive auction, subject to no less than between par and 101.

SinoPac Securities Co., Ltd. is the underwriter.

New Taipei City, Taiwan-based Jarllytec manufactures and distributes hinges and optical fiber connectors.

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