Fomento de Construcciones changes 6.5% convertibles’ conversion price

New York, Feb. 12 – Fomento de Construcciones y Contratas, SA said the conversion price for its 6.5% convertible notes due 2020 will be adjusted to €21.50 per share.

The change is effective Feb. 12.

Fomento de Construcciones made the alteration in accordance with the terms of the notes following the capital increase approved by its board of directors on Dec. 17.

The issuer is a construction company based in Barcelona, Spain.

© 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.