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Published on 5/11/2005 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

WCI Communities files $1 billion shelf

New York, May 11 - WCI Communities, Inc. filed a $1 billion shelf in an S-3 registration with the Securities and Exchange Commission Wednesday.

The shelf covers debt securities, preferred stock and common stock. Securities may be issued as convertibles.

WCI, a Bonita Springs, Fla., homebuilder, will use proceeds for general corporate purposes.


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