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Green River cuts conversion price on convertible bonds due 2022
By William Gullotti
Buffalo, N.Y., Oct. 15 – Green River Holding Co. Ltd. lowered the conversion price for its overseas convertible bonds due 2022, according to a notice on Friday.
The conversion price was trimmed to NT$174.3 per share from NT$174.9 per share, effective Oct. 15.
The adjustment is due to the issuance of new common shares in a cash capital increase.
Green River is a lumber and wood products manufacturer based in Thailand.
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