Konami pares conversion price of ¥10 billion 0% bonds due 2022

By Susanna Moon

Chicago, May 18 – Konami Holdings Corp. lowered the conversion price of its ¥10 billion zero-coupon convertible bonds due 2022.

The conversion price is now ¥4,513.9, reduced from ¥4,549.7.

The adjustment is due to an annual dividend of ¥58 per share, which was approved at a board meeting on May 18, according to a company notice.

The record date is March 31.

Tokyo-based Konami is an entertainment company involved in video games, gaming machines and health clubs.

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