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Published on 4/6/2006 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Yieh Phui calls remaining $0.5 million zero-coupon convertibles

By Jennifer Chiou

New York, April 6 - Yieh Phui Enterprise Co., Ltd. said it exercised the clean-up call for its remaining $0.5 million of zero-coupon convertible bonds due 2009.

The company redeemed the securities at their principal amount because more than 90% of the bonds had previously been converted, redeemed or repurchased and canceled.

Yieh Phui added that no bonds remain outstanding.

Based in Kaohsiung Hsien, Taiwan, Yieh Phui is a producer of coated steel.


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