Ahold adjusts conversion price of notes

New York, June 13 - Ahold said it adjusted the conversion price of its convertible subordinated notes to reflect the company's 2001 final dividend payment.

The Zaandam, Netherlands-based food retailer said the conversion price of its 3% convertible subordinated notes due 2003 was adjusted to €26.80, down from €27.02 per common share.

And the conversion price of its 4% convertible subordinated notes due 2005 was adjusted to €31.56, down from €31.82 per common share.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.