Nomura adjusts subordinated convertible bonds price
Nomura Holdings, Inc. has adjusted the conversion price for its First Series of Unsecured Subordinated Convertible Bonds with Stock Acquisition Rights issued on 16 December 2008 from 436.5 yen to 406.8 yen.
The conversion price adjustment is in response to the issuance of new shares of common stock on 13 October 2009. The move is also necessary under the covenant for adjusting the conversion price of the bonds.
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