Taiwan Glass taps hedge funds with $100m CB

Maker of skyscraper windows sells convertible bond to redeem a previous out-of-the-money trade.
Taiwan Glass specialises in glazing modern commercial buildings
Taiwan Glass specialises in glazing modern commercial buildings

Taiwan Glass Industrial raised $100 million on Monday from a five-year convertible bond, even as European stocks fell 2% amid fears of a conflict between Russia and Ukraine in Crimea.

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