Regal adjusts conversion price of 3¾% notes

By Laura Lutz

Des Moines, Sept. 20 - Regal Entertainment Group adjusted the conversion price of its 3¾% convertible senior notes due 2008, according to an 8-K filing with the Securities and Exchange Commission.

In accordance with the note indenture, Regal set the conversion price at $14.6543 per share in response to the quarterly dividend paid on its class A and class B shares.

Regal, an operator of movie theaters, is based in Knoxville, Tenn.

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