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Prospect News home > News index > List of issuers B > Headlines for BW Offshore Ltd. > News item
Published on 6/15/2022 in the Prospect News Convertibles Daily.

BW Offshore trims conversion price on convertibles due to dividend

By Marisa Wong

Los Angeles, June 15 – BW Offshore Ltd. lowered the conversion price on its $297.4 million senior convertible bonds due 2024 (ISIN: NO0010867948) to $8.4379 from $8.5833, effective June 15, according to a notice.

The adjustment results from a dividend of $0.035 payable to shareholders of record on June 9.

BW Offshore is a provider of floating production services to the oil and gas industry. The company has headquarters in Singapore and Oslo.


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