Millennium & Copthorne seeks amendments to floaters due 2010

By Susanna Moon

Chicago, March 13 - Millennium & Copthorne Hotels plc said it plans to hold a meeting for shareholder approval to extend the maturity on its $80 million of floating-rate notes to June 2013.

The company also plans to change the interest rate to six-month Singapore Interbank Offered Rate plus 62 basis points until June and to three-month Sibor plus 125 bps from June to June 2013.

The series 013 notes were issued June 22, 2005 and are due in June 2010.

Millennium is a London-based hotel company.

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