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Published on 11/9/2006 in the Prospect News Convertibles Daily.

Odyssey Re Holdings 4.375% debentures to stay convertible through Nov. 1

By Laura Lutz

Des Moines, Nov. 9 - Odyssey Re Holdings Corp. announced that its 4.375% convertible senior debentures due 2022 will continue to be convertible during the period beginning Nov. 14 and ending Feb. 13.

The debentures will remain convertible because the trading price of the company's common stock exceeded a threshold set in the indenture.

Odyssey Re Holdings is an insurance company based in Stamford, Conn.


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