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Published on 11/24/2008 in the Prospect News PIPE Daily.

DCD amends £9.9 million in convertible notes

By Devika Patel

Knoxville, Tenn., Nov. 24 - DCD Media plc said it has extended the redemption date for about £9.9 million in convertible notes that were sold in 2005 and 2007.

It also said funds managed by Gartmore Investment Management have purchased approximately £2.6 million of the company's existing convertible notes. These notes will have the same redemption date as the amended notes, or Dec. 14, 2009 for the 2005 notes and Dec. 31, 2009 for the 2007 notes.

DCD is a London-based company that produces and distributes arts, entertainment, music and drama television programming.


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