E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/7/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Fund American calls $269.86 million of 5.875% senior notes in full

By Tali David

Minneapolis, Dec. 7 - Fund American Cos., Inc. called $269,864,000 of its 5.875% senior notes due 2013 in full, according to a notice.

The bonds, which are guaranteed by White Mountains Insurance Group, Ltd., will be redeemed at 102.245193 plus applicable premium on Dec. 10.

The Bank of New York Mellon Trust Co., NA is the trustee or agent.

Fund American is a Boston-based subsidiary of White Mountains Insurance, a Bermuda-domiciled financial services holding company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.