Marconi Emerges from Restructuring, New Shares Begin Trading

Marking the successful completion of its financial restructuring, shares, new notes and warrants for Marconi began trading on the London Stock Exchange. Under the terms of the restructuring, £340 million in cash, an aggregate of £756 million (sterling equivalent) of senior and junior notes and £995 million shares in Marconi Corporation plc are being distributed to the company's creditors.
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