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Published on 1/13/2021 in the Prospect News Convertibles Daily.

ANA Holdings lowers conversion prices on 2022, 2024 bonds

By Taylor Fox

New York, Jan. 13 – ANA Holdings Inc. adjusted the conversion price of its ¥70 billion zero-coupon convertible bonds due 2022 and the conversion price of its ¥70 billion zero-coupon convertible bonds due 2024, according to a notice.

The conversion price for the 2022 bonds was lowered to ¥5,088.3 from ¥5,093.2.

The conversion price for the 2024 bonds was lowered to ¥5,009.7 from ¥5,014.5.

The new conversion price is effective Jan. 14.

ANA is an air transportation company based in Tokyo.


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