ProMOS prises Taiwanese CB market back open

ProMOS Technologies took advantage of a re-bounding share price to raise $200 million from a convertible bond issue yesterday (June 15). The company initially went out with a deal size of $150 million, but the offering was upsized by lead manager ABN AMRO Rothschild after the order book closed four times covered. There is also a $25 million greenshoe.