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AT&S plans to issue convertible bonds
The Austrian PCB manufacturer AT&S plans to issue convertible bonds.
At this year’s Annual General Meeting—held in July—shareholders of AT&S will be asked to approve the issuing of convertible bonds. The Board of Directors shall be authorised to “issue convertible bonds—even in several tranches—with a total nominal amount of EUR 100’000’000 (until July 6th, 2015).
The authorization may be exercised in whole or in part, the announcement continues.