Premier Image heads equity issuance for autumn

Investors have been offered diversification away from the Taiwanese tech sector with the launch yesterday of an $85 million convertible for compact digital camera manufacturer Premier Image Technology.

Repeating a strategy that proved successful last September, Premier is attempting to secure tight pricing by heading the autumn's pipeline of deals. Also similar to last year, when the company raised $56.4 million through a GDR, ING Barings is lead manager of what will represent the company's debut convertible.

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