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Sino Oil and Gas adjusts conversion price on 2016 convertible bonds
By Marisa Wong
Morgantown, W.Va., Nov. 2 – Sino Oil and Gas Holdings Ltd. said it adjusted the conversion price of its $130 million convertible bonds issued in September 2016.
The new conversion price is HK$0.168, effective as of Oct. 29.
Hong Kong-based Sino Oil and Gas Holdings, an investment holding company, is an oil and gas developer.
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