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Published on 10/31/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Aberdeen Asset Management calls £80.2 million convertibles in full

By Ashley Montgomery

Kansas City, Kan., Oct. 31 - Aberdeen Asset Management plc has notified holders that it plans to redeem all of its £80.2 million of 3.5% convertible bonds due 2014 on Jan. 3, according to a notice.

The convertibles will be redeemed at par plus accrued interest to the redemption date.

Holders may choose to convert their bonds until Dec. 27. The current conversion price is 185 pence per share.

Aberdeen Asset Management is an Aberdeen, Scotland-based investment company.


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