| 21. | Bondholders will be able to convert the bond into shares at a conversion price of 380 francs.
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| 22. | "There will be no adjustment " to the conversion price, Tom Lau, the company's Executive Director said.
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| 23. | The bonds can be converted to common shares at a specified price, known as the conversion price.
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| 24. | The conversion price is 18 percent above the stock's closing price yesterday of 24 3 / 4.
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| 25. | The conversion price on that issue would be reduced to $ 5 . 50 under this plan.
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| 26. | The shares were trading this afternoon at 9 7 / 8, 1 / 8 below their conversion price.
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| 27. | The bond conversion price was set at 9.12 pesos per L share, leaving bondholders with a hefty loss.
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| 28. | The shares are exchangeable for common stock at a conversion price of $ 7 . 90 a share.
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| 29. | The bank next week will likely decide the coupon rate and conversion price of the five-year yen-denominated bonds.
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| 30. | The floating below-market conversion price is the beauty of the deal for buyers who believe in the company.
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