exchangeable debenture

The latest periods do not include any interest expense on these subordinated exchangeable debentures.

The Exchangeable Debentures were issued by Ultramar in April 1991.

International Minerals and Chemical Corp., $750 million of zero-coupon subordinated exchangeable debentures due 2005, NR/Ba-1/BBB-.

General Cinema said it had sold its entire investment in Cadbury except for 13.2 million shares being held in escrow in connection with its outstanding 5 percent exchangeable debentures that are due in 2002.