Flight Centre Travel Group Adjusts Conversion Prices on Two Convertible Note Tranches
MT Newswires Live
Sep 17
Flight Centre Travel Group (ASX:FLT) adjusted the conversion price on its AU$400 million 2.5% convertible notes due 2027 to AU$18.0941 from AU$18.5927, effective Sept. 17, following a dividend of AU$0.30 payable to shareholders of record on Sept. 18, according to a Thursday Australian bourse filing.
The company also adjusted the conversion price on its AU$450 million 2.5% convertible notes due 2032 to AU$15.4496 from AU$15.8753, effective Sept. 17, according to a separate filing.
The company's shares rose 1% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.