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Published on 7/26/2019 in the Prospect News Convertibles Daily.

Green River trims conversion rate on convertibles due 2022

By Rebecca Melvin

New York, July 26 – Green River Holding Co. Ltd. announced it is trimming the conversion rate for its unsecured overseas convertible bonds due 2022.

The conversion rate was adjusted to NT$201.1 per share to NT$205.4 per share, effective July 28.

The adjustment is due to the distribution of a dividend of NT$2.00409219 per share.

Green River is a lumber and wood products manufacturer based in Thailand.


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