Singapore Airlines cuts bond conversion price with final dividend adjustment
The adjusted price took effect on 12 August.
Singapore Airlines has adjusted the conversion price of its convertible bonds to $4.6761.
The revised price is slightly lower than the previous $4.8945.
The adjustment accounts for the $0.30 per share final dividend for the full year ended 31 March, announced on 15 May.
The adjusted conversion price took effect on 12 August, with any conversions before that date based on the current price.