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Shizuoka Bank trims conversion price for convertibles due 2023
By Wendy Van Sickle
Columbus, Ohio, June 18 – Shizuoka Bank Ltd. lowered the conversion price for its $300 million floating-rate convertible bonds due 2023 (ISIN: XS1744326940), according to a notice.
The conversion price will be adjusted to $13.876 from $13.965, effective retroactively to April 1.
Shizuoka Bank is a regional bank based in Shizuoka, Japan, with operations in Shizuoka prefecture, Tokyo, Osaka, Nagoya and overseas.
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