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Published on 1/12/2009 in the Prospect News Convertibles Daily.

Accident Exchange amends conversion price of 5.5% convertibles due 2013

By Devika Patel

Knoxville, Tenn., Jan. 12 - Accident Exchange Group plc announced that it was resetting the conversion price of its £50 million in 5.5% convertible notes due 2013 to 75.41p.

The change became effective Friday.

Accident Exchange is a Coleshill, England-based company that provides support to the British automotive and insurance sectors.


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