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Prospect News home > News index > List of issuers P > Headlines for Peter Hambro Mining plc > News item
Published on 2/6/2009 in the Prospect News Convertibles Daily.

Peter Hambro decreases conversion price of 7.125% convertibles

By Devika Patel

Knoxville, Tenn., Feb. 6 - Peter Hambro Mining plc said it has lowered the conversion price on $140 million in 7.125% guaranteed convertible bonds to £7.24 from £7.42.

The convertibles were issued by the company's subsidiary, Peter Hambro Mining Group Finance Ltd., on Aug. 11, 2005.

Peter Hambro is a London-based gold mining operation that operates in Russia.


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