Symtek Automation Asia to Redeem Bonds Early

MT Newswires Live

2025/01/10

Symtek Automation Asia (TPE:6438) said it will redeem its second unsecured convertible bonds early, according to a Friday Taiwan Exchange filing.

The redemption period will run from Feb. 19 until March 20, with the redemption price set at 100% of the face value of the bonds.

Bondholders have the option to convert the bonds into common stock until March 24, the semiconductor machinery manufacturer noted.

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