DHT Holdings has adjusted conversion prices for two sets of bonds.
The New York-traded tanker owner's 4.5% convertable senior notes due 2019 and 4.5% convertable senior notes due 2021 are now worth $6.0442 per share, working out to roughly 165.4484 common shares per $1,000 of notes.
The price was adjusted down from $6.1285.
According to Securities and Exchange Commission filings, DHT has $32.9m outstanding for the 2019 notes, maturing later this year, and $125m of the 2021 notes.
After the close Monday, DHT shares were trading up $0.03 to $5.98.
