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Prospect News home > News index > List of issuers L > Headlines for LG Display Co., Ltd. > News item
Published on 3/16/2011 in the Prospect News Convertibles Daily.

LG Display lowers conversion price of 0% convertible bonds due 2012

By Marisa Wong

Madison, Wis., March 16 - LG Display Co., Ltd. said it adjusted the conversion price of its zero-coupon convertible bonds due April 18, 2012 following the approval of a cash dividend distribution.

The conversion price was adjusted to KRW 47,892 from KRW 48,075, effective retroactively to Dec. 31.

Citibank, NA is the trustee for the bonds.

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


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