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Prospect News home > News index > List of issuers P > Headlines for Park24 Co., Ltd. > News item
Published on 1/30/2007 in the Prospect News Convertibles Daily.

Park24 modifies conversion price of zero-coupon convertibles due 2026

By Jennifer Chiou

New York, Jan. 30 - Park24 Co., Ltd. announced it adjusted the conversion price of its ¥15 billion zero-coupon convertible bonds due 2026 to ¥2,727.50 from ¥2,750.00.

The change was the result of a ¥25 per share dividend, which was approved at a shareholders' meeting on Tuesday.

Park24 is a Tokyo-based installer of parking equipment and provide of automated parking services.


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