Holders come out in force for Epistar CB put

Epistar emptied its coffer after all holders of its $250 million convertible debt decided to sell the bonds back to the company.

Taiwan’s Epistar could resort to equity or debt fundraising in the near future after it used up all its cash to buy back its $250 million overseas convertible bonds over the weekend.

¬ Haymarket Media Limited. All rights reserved.

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