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Published on 12/3/2009 in the Prospect News Convertibles Daily.

EDAP TMS holders may swap 9% senior convertibles due 2012 for stock

By Susanna Moon

Chicago, Dec. 3 - EDAP TMS SA holders may get shares in exchange for their 9% senior convertible debentures due 2012, according to a 6-K filing Wednesday with the Securities and Exchange Commission.

Holders approved a supplement to the note terms that allow the notes to be exchanged for 12 months, the filing said.

The exchange will be within limits authorized by shareholders and confirmed at a meeting on Oct. 30.

Based in Vaulx-en-Velin, France, EDAP develops, produces and markets medical devices for the treatment of urological diseases.


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