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Prospect News home > News index > List of issuers S > Headlines for SVG Capital plc > News item
Published on 12/10/2014 in the Prospect News Convertibles Daily.

SVG Capital lowers conversion price of 8.25% convertibles to £6.40

By Tali Rackner

Norfolk, Va., Dec. 10 – SVG Capital plc adjusted the conversion price of its £120 million of 8.25% convertible bonds due 2016 to £6.40 per share from £6.42 per share, according to a filing with the London Stock Exchange.

The adjustment was made on Wednesday as a result of a tender offer that closed the same day.

The company's shares were at 425.9p (London: SVI) at the time of filing on Wednesday.

SVG is a private equity investor and fund management business based in London.


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