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BRIEF-Meyer Burger: convertible bondholders approve amendment of terms
November 25, 2016 / 10:47 AM / a year ago

BRIEF-Meyer Burger: convertible bondholders approve amendment of terms

Nov 25 (Reuters) - Meyer Burger Technology AG :

* Convertible bondholders approve amendment of terms of convertible bond due in 2020

* Increase of coupon from 4.0 pct to 5.5 pct per annum (retroactively as of Sept. 24, 2016)

* Significant reduction of conversion price from previously 11.39 Swiss francs ($11.24) per Meyer Burger share Source text for Eikon: Further company coverage: ($1 = 1.0133 Swiss francs) (Gdynia Newsroom)

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