St. Barbara cuts notes' conversion price to A$0.64 after retail offer

New York, Dec.14 - St. Barbara Ltd. said it lowered the conversion price on its A$64.1 million of outstanding convertible notes to A$0.64 from A$0.65.

The change is a result of the company's entitlement offer to retail investors.

St. Barbara previously lowered the conversion price on the convertibles to A$0.65 from A$0.67 following completion of the institutional component of its four for 13 accelerated non-renounceable entitlement offer.

St. Barbara is a Melbourne, Australia, gold miner.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.