Top Glove adjusts exchange price on 2% exchangeables due 2024

By Taylor Fox

New York, Sept. 8 – Top Glove Labuan Ltd. lowered the exchange price on its $200 million 2% guaranteed exchangeable bonds due 2024 (XS1941677764), according to a news release.

The exchange price will be adjusted to RM 2.03 per share from RM 6.1 per share.

The bonds are guaranteed by Top Glove Corp. Bhd.

The price adjustment took effect on Sept. 7.

Top Glove is a Kuala Lumpur-based glove manufacturer.

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