| 31. | The conversion price was set 5.1 percent higher than the average share price in the past seven days.
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| 32. | Second, the conversion price can only be adjusted if that reduction exceeds 1 percent of the conversion price itself.
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| 33. | The maximum conversion price would be $ 7 . 25 and the minimum would be $ 6 . 50.
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| 34. | The bonds, with conversion prices in the low $ 20s, are trading well below what investors paid for them.
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| 35. | Second, the conversion price can only be adjusted if that reduction exceeds 1 percent of the conversion price itself.
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| 36. | "The most important aspects have been pinned down-- including amounts, rates and conversion prices, " said a Eurotunnel spokeswoman.
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| 37. | The financing differs from traditional convertible debt because the conversion price isn't fixed at the time of the offering.
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| 38. | Lukoil confirmed the number of bonds sold, saying the stock conversion prices were " the starting price or higher ."
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| 39. | The conversion price was set 5 . 1 percent higher than the average share price in the past seven days.
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| 40. | The bond conversion price was set at 9 . 12 pesos per L share, leaving bondholders with a hefty loss.
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