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3i Group changes conversion price on £430 million 3.625% convertibles
By Susanna Moon
Chicago, June 4 - 3i Group plc said it adjusted the conversion price on its £430 million of 3.625% convertible bonds due 2011 to 751p.
The adjustment comes after the rights issue announced on May 8 to raise £700 million through the issue of 542,060,391 shares at 135p each, according to a press release.
3i is a London-based investment firm.
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