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CCS/MSP430F5418: Error encountered during code migration from CCS4 to CCS8

Part Number: MSP430F5418


Tool/software: Code Composer Studio

I am migrating code designed for MSP430 from Code Composer Studio 4 (CCS4) to CCS8. Following error was encountered:

"../lnk_msp430f5418.cmd", line 998: error: program will not fit into available
   memory.  placement with alignment fails for section ".cinit" size 0x4c .
   Available memory ranges:
   FLASH        size: 0xa380       unused: 0x2          max hole: 0x2 A

Any advice? Thanks