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Zijin Mining trims conversion price of five-year convertibles
By Wendy Van Sickle
Columbus, Ohio, Feb. 1 – Zijin Mining Group will adjust the conversion price of its five-year A share convertible bonds issued on Nov. 3, according to a company notice.
Effective Feb. 3, the conversion price will be lowered to RMB 7 per share from RMB 7.01 per share.
Zijin Mining is a Xiamen, China-based multinational mining company.
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