LandAmerica greenshoe extended

Pittsburgh, June 18 - LandAmerica Financial Group Inc. and the underwriters of its recent offering of 3.25% convertible senior debentures due 2034 extended the $25 million greenshoe option to 60 days after May 5 from 45 days, according to an 8-K filed with the Securities and Exchange Commission.

The Richmond, Va., title insurance company originally priced $125 million of the securities after close on May 5 to yield 3.25% with a 40% initial conversion premium.

JP Morgan was bookrunner of the Rule 144A deal.

LandAmerica will use proceeds to repay borrowings on its revolving credit facility and for general corporate purposes.

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