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Published on 11/9/2018 in the Prospect News Convertibles Daily.

Marine Harvest trims conversion price of 0.125% notes due to dividend

By Susanna Moon

Chicago, Nov. 9 – Marine Harvest ASA adjusted the conversion price of its €340 million of 0.125% convertible bonds due Nov. 5, 2020 after a dividend payout.

The conversion price was lowered to €13.063 from €13.2321, effective Nov. 9, according to a notice.

The adjustment was due to payment of a dividend of NOK 2.60 per share.

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


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