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Prospect News home > News index > List of issuers G > Headlines for Golden Eagle Retail Group Ltd. > News item
Published on 6/2/2009 in the Prospect News Convertibles Daily.

Golden Eagle adjusts conversion price on 0% convertible bonds due 2011

By Devika Patel

Knoxville, Tenn., June 2 - Golden Eagle Retail Group Ltd. said it has adjusted the conversion price on its HK$1 billion of zero-coupon convertible bonds due 2011.

As a result of a dividend being paid to shareholders, the bonds' conversion price will be adjusted to HK$5.99 per share from HK$6.42 per share, effective from June 15.

Golden Eagle is a Hong Kong-based department store operator.


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