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Nomura lowers conversion price of bonds
By Devika Patel
Knoxville, Tenn., March 27 - Nomura Holdings, Inc. announced that the conversion price of its first series of unsecured subordinated convertible bonds, which were issued on Dec. 16, has been decreased to 438.2 yen from 439.8 yen, effective March 28.
Nomura, based in Chuo-ku, Japan, is a securities and investment banking firm.
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