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Published on 4/14/2014 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

REXLot holder converts HK$6.9 million of 6% convertibles due 2016

By Jennifer Chiou

New York, April 14 - REXLot Holdings Ltd. announced that a holder of HK$6.9 million principal amount of its 6% convertible bonds due 2016 exercised the right to convert the bonds into REXLot shares on April 11.

Following the conversion, the remaining outstanding principal amount of the bonds is HK$872.7 million.

Based in Hong Kong, REXLot provides machines and services to the Chinese lottery market.


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