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Prospect News home > News index > List of issuers R > Headlines for REXLot Holdings Ltd. > News item
Published on 6/19/2014 in the Prospect News Convertibles Daily.

REXLot cuts conversion price of 6% convertible bonds due 2016

By Marisa Wong

Madison, Wis., June 19 – REXLot Holdings Ltd. said it lowered the conversion price of its 6% convertible bonds due 2016 to HK$0.58 per share from HK$0.60 per share, effective June 19.

The price adjustment was triggered by a final dividend for the year ended Dec. 31.

Based in Hong Kong, REXLot provides machines and services to the Chinese lottery market.


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