Orpea Group increases conversion rate on its 3.875% Oceanes to 1.071

By Ashley Montgomery

Kansas City, Kan., Dec. 9 - Orpea Group said it adjusted the conversion rate on its 3.875% Oceanes due Jan. 1, 2016.

The rate was adjusted to 1.071 from 1 Orpea shares for 1 Oceane.

The change is effective Dec. 8.

Paris-based Orpea owns and operates healthcare facilities in Europe

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