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Prospect News home > News index > List of issuers U > Headlines for Urban Corp. > News item
Published on 6/27/2008 in the Prospect News Convertibles Daily.

Urban decreases conversion price on euro-yen convertibles due 2011

By Devika Patel

Knoxville, Tenn., June 27 - Urban Corp. said it was lowering the conversion price of its euro-yen convertible bonds due 2011 to ¥1,025 from ¥1,167, effective July 12.

The change is due to a new issue of convertibles, which the company announced Friday.

Urban is a Hiroshima, Japan-based real estate company.


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