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CMC Magnetics to issue US$200 million ECB to expand DVD capacity

Jimmy Hsu, Taipei; Adam Hwang, DIGITIMES Asia Wednesday 16 June 2004 0

CMC Magnetics will issue five-year zero-coupon ECBs (euro convertible bonds) worth up to US$200 million to expand its DVD production capacity. The expansion will entail an investment of an estimated NT$6.7 billion, and is scheduled to be completed by...

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