oup announced on 13 November that it was redeeming its outstanding bonds under the EUR 225 million (USD 304.1 million) five-year convertible bond issued in 2010 and maturing on 23 February 2015. The company will redeem the bonds at par value plus accrued interest.The loan agreement provided the bondholders the period up to and including 21 November to convert their bonds into shares. Accordingly, Marine Harvest will issue 335,435,984 new shares on 3 December.
Bonds that are not converted into shares, with an aggregate principal amount of EUR 300,000 (USD 405,471) will be redeemed at par value plus accrued interest. Final settlement date is 11 December 2013.
