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Prospect News home > News index > List of issuers R > Headlines for Regal Entertainment Group > News item
Published on 6/22/2007 in the Prospect News Convertibles Daily.

Regal cuts conversion price for 3.75% convertibles

By Susanna Moon

Chicago, June 22 - Regal Entertainment Group lowered the conversion price on its 3.75% convertible senior notes due May 15, 2008 to $12.8371, according to an 8-K filling with the Securities and Exchange Commission.

Regal lowered the conversion price to $13.0075 per share from $14.3556 per share on April 16.

The company's stock (NYSE: RGC) closed at $22.15 June 21.

Regal is a Knoxville, Tenn.-based operator of movie theaters.


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