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ANA Holdings reduces conversion prices on 2022, 2024 bonds
By Marisa Wong
Morgantown, W.Va., June 24 – ANA Holdings Inc. adjusted the conversion price of its ¥70 billion zero-coupon convertible bonds due 2022, according to a notice.
The conversion price for the 2022 bonds was lowered to ¥5,160.9 from ¥5,180.0. The new conversion price is effective retroactively from the day after the record date of March 31.
ANA also adjusted the conversion price of its ¥70 billion zero-coupon convertible bonds due 2024, according to a separate notice.
The conversion price for the 2024 bonds was lowered to ¥5,081.2 from ¥5,100.0. The new conversion price is effective retroactively from the day after the record date of March 31.
ANA is an air transportation company based in Tokyo.
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