Seacor Holdings to adjust conversion rate on 2.5% convertible notes

By Ashley Montgomery

Kansas City, Kan., Dec. 12 - Seacor Holdings Inc. said it adjusted the conversion rate on its 2.5% convertible senior notes due 2027.

The adjustment is connected to the company's $5.00 per share special dividend payable to holders of common stock.

The company has not yet released the new conversion rate.

Seacor is an offshore oil, gas and marine equipment company based in Fort Lauderdale, Fla.

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