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Remy Cointreau adjusts conversion ratio on 0.125% convertible bonds
Chicago, Oct. 1 – Remy Cointreau SA adjusted the conversion ratio on its 0.125% convertible bonds, effective Oct. 1.
The new conversion/exchange ratio will be 1.011, adjusted from 1.009, according to a press release.
The change is a result of a dividend of €1.85 per share paid to holders of record on Oct. 1.
Remy Cointreau is a Cognac, France-based alcohol manufacturer.
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