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BRIEF-Forestar announces make-whole fundamental change relating to outstanding convertible senior notes
October 12, 2017 / 9:05 PM / in 2 months

BRIEF-Forestar announces make-whole fundamental change relating to outstanding convertible senior notes

Oct 12 (Reuters) - Forestar Group Inc

* Forestar announces fundamental change and make-whole fundamental change relating to outstanding convertible senior notes

* Forestar Group Inc - delivered notice to holders of 3.75 pct convertible senior notes due 2020 of “fundamental change” effective as of Oct 5​

* Forestar Group - ‍as result of fundamental change, holders of 3.75 pct convertible senior notes have right to convert their notes at any time until Nov 9

* Forestar Group Inc - ‍there will be no increase of conversion rate in connection with make-whole fundamental change​ Source text for Eikon: Further company coverage:

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