Nyrstar lowers conversion price of 7% bonds after capital distribution

By Susanna Moon

Chicago, Aug. 15 - Nyrstar NV said it lowered the conversion price of its 7% convertible bonds after paying out a capital distribution.

The conversion price was lowered to €5.63 per share, effective last Friday, according to a company notice.

On Aug. 13, 2012, the conversion price was cut to €5.91 per share after a capital distribution payment last year.

Balen, Belgium-based Nyrstar is a producer of metals, including zinc, lead and copper.

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