Scor announces change in conversion ratio for 4.125% Oceanes due 2010

By Devika Patel

Knoxville, Tenn., Sept. 8 - Scor SE said it has adjusted the conversion ratio on its 4.125% convertible bonds in the Oceane structure due 2010.

Each bond is now convertible into 0.117 shares, which amounts to a conversion price of €17.09.

The global reinsurer is based in Paris.

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