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Published on 12/30/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Taiwan's Chunghwa Picture Tubes calls remaining 0.25% convertibles

New York, Dec. 27 - Chunghwa Picture Tubes, Ltd. said it called the remaining $1.2 million of its 0.25% convertible bonds due 2007 on Dec. 26.

Previously investors have redeemed $35.4 million of the securities on the exercise of put options and $107.15 million has been converted to stock.

Chunghwa Picture Tubes is a Taoyuan, Taiwan, manufacturer of cathode ray tubes and flat panel displays.


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