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Prospect News home > News index > List of issuers L > Headlines for LG Display Co., Ltd. > News item
Published on 3/17/2009 in the Prospect News Convertibles Daily.

LG Display adjusts conversion price of 0% convertibles due 2012

By Devika Patel

Knoxville, Tenn., March 17 - LG Display Co., Ltd. announced that the conversion price of its 0% convertible bonds due April 18, 2012 was lowered to KRW 48,251 from KRW 48,760.

The adjustment was triggered by the company's payment of a cash dividend.

The new conversion price is effective retroactively to Dec. 31, the record date for the dividend payment.

LG Display is a Seoul, South Korea-based maker of electronic display panels.


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