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Marine Harvest cuts conversion prices of bonds after dividend payout
By Susanna Moon
Chicago, Feb. 26 – Marine Harvest ASA said it lowered the conversion prices of two series of its convertible bonds due to dividend payouts.
The conversion price of the company’s €340 million convertible bonds was reduced to €15.9083, and the conversion price of its €375 million convertible bonds was adjusted to €10.05, effective Friday, according to two separate company notices.
The adjustments were the result of a NOK 1.40 dividend on Friday.
Marine Harvest is an Oslo-based seafood and salmon-farming company.
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