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Marine Harvest to convert $390m bond into 16m shares

The conversion will result in the issuance of nearly 16 million new shares

By Undercurrent News | Nov. 7, 2018 14:12 GMT
The 'Beck cage'. Credit: Marine Harvest
The 'Beck cage'. Credit: Marine Harvest
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Norwegian salmon farmer Marine Harvest is exercising an option in a 2015 loan agreement to convert a €340 million ($390m) bond due in 2020 into shares [...]

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