China Cord convertible debt holders exercise at $2.838, number of outstanding shares rises 50%

|About: Global Cord Blood Corp... (CO)|By:, SA News Editor

Holders of China Cord Blood's (CO +1%) 7% senior convertible notes have notified the company that they intend to exercise the notes in full at $2.838. The action will increase the number of outstanding shares to 120.6M (+50%).