Marine Harvest adjusts conversion price of two series of bonds

By Marisa Wong

Madison, Wis., Feb. 18 – Marine Harvest ASA adjusted the conversion price on two series of its convertible bonds, according to two 6-K filings with the Securities and Exchange Commission.

The new conversion price for the company’s €375 million convertible bonds is €10.5754, and the new conversion price on its €350 million convertible bonds is €8.7640.

The adjustments are due to a NOK 1.20 dividend. Marine Harvest’s shares traded ex-dividend as of Wednesday.

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

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