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Prospect News home > News index > List of issuers H > Headlines for Hansteen (Jersey) Securities Ltd. > News item
Published on 5/5/2016 in the Prospect News Convertibles Daily.

Hansteen trims conversion price of €100 million 4% bonds to £0.9135

By Susanna Moon

Chicago, May 5 – Hansteen (Jersey) Securities Ltd. said it has lowered the conversion price of its €100 million 4% convertible bonds due 2018 due to a dividend payout.

The conversion price was adjusted to £0.9135 from £0.9334, effective April 22, according to a company notice.

Hansteen said on March 15 it would pay a second interim dividend of 3.15p per share on May 19 for the year ended Dec. 31 to shareholders of record on April 22.

London-based Hansteen is a European industrial real estate investment trust.


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