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Published on 1/22/2009 in the Prospect News Convertibles Daily.

TCL Communication raises conversion price of zero-coupon convertibles

By Devika Patel

Knoxville, Tenn., Jan. 22 - TCL Communication Technology Holdings Ltd. increased the conversion price on its $45 million in 0% convertible bonds due 2012 to HK$3.20 from HK$0.32, effective Jan. 23.

TCL Communication is based in Shenzhen, China, and designs and manufactures mobile handsets.


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