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Prospect News home > News index > List of issuers S > Headlines for Star Cruises Ltd. > News item
Published on 10/23/2006 in the Prospect News Convertibles Daily.

Star Cruises lowers conversion price of 2% bonds

By Laura Lutz

Des Moines, Oct. 23 - Star Cruises Ltd. announced that the conversion price of all of its $180 million principal amount of 2% convertible bonds due 2008 has been decreased to HK$2.71 from HK$3.18.

The adjustment was a result of the conversion price reset provision of the bonds. The new conversion price is effective as of Oct. 20.

Star Cruises is a cruise operator with headquarters in Hong Kong.


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