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Primary Health cuts conversion price of £150 million 2.875% notes
By Sarah Lizee
Olympia, Wash., Nov. 8 – Primary Health Properties plc said it lowered the conversion price of the £150 million of 2.875% convertible bonds due 2025 issued by subsidiary PHP Finance (Jersey No. 2) Ltd.
The exchange price was adjusted to £1.4939 from £1.5169.
London-based Primary Heath is a health-care real estate investment trust.
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