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Published on 1/28/2002 in the Prospect News Convertibles Daily.

United Business Media redeems 6.125% convertibles

New York, Jan. 28 - United Business Media plc said it completed the redemption of its 6.125% convertible bonds due 2003.

The company said the entire £178.677 million principal amount outstanding was redeemed.

United Business Media announced in December it would redeem the securities using proceeds of a new $400 million convertible issue.


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