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Published on 6/1/2010 in the Prospect News Convertibles Daily.

Fil-Estate cuts conversion price on fixed-rate convertibles due 2012

By Marisa Wong

Milwaukee, June 1 - Fil-Estate Land, Inc. said the conversion price on its fixed-rate convertible bonds due 2012 has been adjusted, effective Monday.

The conversion price was adjusted to PHP 1.00 from PHP 1.50.

Fil-Estate is a real estate development company based in Pasig City, the Philippines.


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