DHT to redeem 4.5% convertible senior notes on Aug. 21

By Taylor Fox

Chicago, July 17 – DHT Holdings, Inc. intends to redeem all of its outstanding 4.5% convertible senior notes due 2021 (Cusip: 23335SAD8) on Aug. 21, according to a news release.

The notes will be redeemed at a price equal to par plus interest.

The securities may be converted into shares of common stock at any time before the close of business Aug. 20.

The conversion rate for the securities is 187.0208 shares of common stock per $1,000 principal amount of securities.

DHT Holdings is a Hamilton, Bermuda, operator of crude oil tankers.

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