Neopost adjusts conversion ratio on 3.75% convertibles due 2015

By Tali David

Minneapolis, Aug. 7 - Neopost adjusted the conversion ratio for its 3.75% convertible bonds (Oceane) due 2015 according to a press release.

The conversion ratio was adjusted to 1.007 shares per bond from 1.005 shares per bond.

Paris-based Neopost is a manufacturer of postage meters and mailroom equipment.

© 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.