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Konami trims conversion price of ¥10 billion 0% bonds due 2022
By Susanna Moon
Chicago, May 17 – Konami Holdings Corp. said it reduced the conversion price of its ¥10 billion zero-coupon convertible bonds due 2022.
The conversion price was lowered to ¥4,476.70 from ¥4,513.90.
The adjustment is due to an annual dividend of ¥68 per share, which was approved at a board meeting on May 17, retroactively from the day after the record date of March 31, according to a company notice.
Tokyo-based Konami is an entertainment company involved in video games, gaming machines and health clubs.
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