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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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