Nomura cuts conversion price of unsecured subordinated convertibles

By Marisa Wong

Milwaukee, Oct. 13 – Nomura Holdings, Inc. said it has lowered the conversion price of its first series of unsecured subordinated convertible bonds to ¥406.8 from ¥436.5, effective Oct. 14.

The adjustment is a result of the issuance of new shares of common stock on Oct. 13, as resolved at the company’s executive management board meeting on Sept. 24.

Nomura, based in Chuo-ku, Japan, is a securities and investment banking firm.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.