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Published on 1/21/2014 in the Prospect News Convertibles Daily.

Marine Harvest lowers conversion price of €350 million bonds

By Susanna Moon

Chicago, Jan. 21 - Marine Harvest ASA said it adjusted the conversion price of its €350 million convertible bonds to €9.9088.

Shareholders approved a reverse split of the company's shares at a meeting held on Monday, according to a company press release.

As previously announced, the conversion price was adjusted to €0.9908 after a NOK 0.05 per share dividend on Nov. 15.

Marine Harvest is an Oslo-based seafood and salmon-farming company.


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