DHT Holdings (DHT) issued $125m in convertible
senior notes in August 2018. The notes, which pay an annual interest rate of
4.5%, are scheduled to mature on August 15, 2021.
The conversion price is adjusted lower with each
cash dividend declared by DHT. In the
charts below, you can view the history of cash dividends and conversion
adjustments, as well as the potential dilutive effect on common equity, should
note holders exercise their right to convert the notes to common shares.
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