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Lloyd's repurchases £2.5 million of perpetual capital securities
By Tali David
Minneapolis, Jan. 3 - The Society of Lloyd's redeemed £2.5 million of its 7.421% perpetual subordinated capital securities (ISIN: XS0307055995), according to a news release.
Following the Dec. 20 redemption, £392,013,000 of the securities remains.
Lloyd's is a London-based specialist insurance market.
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