date:Apr 25, 2014
Marine Harvest announced on Thursday that it has successfully priced a EUR 375 million (USD 518.6 million) offering of convertible bonds with a five-year tenor.
The senior unsecured bonds are convertible into common shares of the company. The bonds have an annual coupon of 0.875 percent payable semi-annually in arrear and a conversion premium of 35.0 percent over the reference price, which was set at EUR 8.7019 (USD 12).
The bonds will be issued and redeemed at 100 percent of their principal a