FTI Consulting's 3¾% convertible senior subordinated notes due 2012 convertible through Jan. 15

By Devika Patel

Knoxville, Tenn., Oct. 15 - FTI Consulting announced that holders of its $150 million outstanding 3 ¾% convertible senior subordinated notes due July 15, 2012 may convert their holdings from Oct. 15 up to Jan. 15.

The notes became convertible into cash, common shares or a combination because the closing price of FTI Consulting's common shares was greater than $37.50 or 120% of the conversion price of $31.25, for 20 out of 30 consecutive trading days ended Oct. 15.

FTI Consulting is a Baltimore-based provider of restructuring, corporate finance and economic consulting services.

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