ROWNTREE CONVERTIBLE INCREASED, TERMS SET
A 15 year convertible bond for Rowntree
Mackintosh Plc has been increased to 69 mln stg from the
original 55 mln and the coupon set at 4-1/2 pct against an
indicated 4-1/2 to 4-3/4 pct, lead manager J. Henry Schroder
Bank said.
    The conversion price was set at 557p, representing a
premium of 14.3 pct over the stock's closing price for the last
three business days of 496p. The put option will be at 125 pct
to yield 8.7 pct.
 REUTER
