Genting lowers conversion price on 0% convertibles due 2012 to S$0.99

By Devika Patel

Knoxville, Tenn., April 24 - Genting International plc said it has adjusted the conversion price on its S$450 million in zero-coupon convertible unsubordinated unsecured bonds due 2012 to S$0.99 per share from S$1.08 per share, effective April 26.

Genting is a Hong Kong-based gaming resorts operator.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.