Aviva to redeem its €800 million of 5.75% subordinated notes due 2021

By Tali David

Minneapolis, Oct. 12 - Aviva plc has applied to redeem its €800 million of 5.75% fixed/floating-rate subordinated notes due 2021, according to a filing with the London Stock Exchange.

Aviva said in the filing that it will redeem the notes in full on the reset date, Nov. 14, at their principal amount plus any accrued interest to, but excluding, Nov. 14.

Aviva is a London-based insurance company.

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