Aroundtown tweaks conversion price of two bond issues for dividend

By Susanna Moon

Chicago, Dec. 12 – Aroundtown SA said it adjusted the conversion price of its series B convertible bonds to €3.2746 and of the series C convertible bonds to €5.5148.

The adjustment was due to the cash dividend of €0.163 per share that will be paid on Dec. 14, according to a company announcement.

The stock (ETR: AT1) closed at €6.24 on Dec. 11.

The issuer is a Larnaca, Cyprus-based real estate holding company.

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