Bosideng announces adjustment to conversion price of 1% bonds

By Sarah Lizee

Olympia, Wash., Aug. 21 – Bosideng International Holdings Ltd. announced an adjustment to the conversion price of its $275 million 1% convertible bonds due 2024.

The conversion price will be adjusted to HK$4.73 per share from HK$4.91 per share, according to a notice.

The adjustment, which is due to the cumulative effect of an interim dividend and a final dividend, will become effective on Aug. 27.

The down clothing company is based in Shanghai, China.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.