WASHINGTON (dpa-AFX) - L-3 Communications Holdings Inc. (LLL) announced that it has adjusted the conversion rate for its 3% Convertible Contingent Debt Securities or CODES due 2035 in connection with the regular quarterly dividend of $0.50 per share of the Company's Common Stock paid on September 17, 2012 and the regular quarterly dividend of $0.50 per share of the Company's Common Stock expected to be paid on December 17, 2012.
The new conversion rate is 10.9640 shares of Common Stock of the Company per $1,000 principal amount of the Securities, effective for conversions on or after November 19, 2012.
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