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Prospect News home > News index > List of issuers Tenders > Headlines for 2017 > News item
Published on 7/5/2017 in the Prospect News Liability Management Daily.

England’s AA to call £230 million 4.7201%, 3.781% notes via new issue

By Susanna Moon

Chicago, July 5 – AA plc subsidiary AA Bond Co. Ltd. plans to redeem its £175 million of 4.7201% sub-class A1 notes and £55 million of 3.781% sub-class A4 notes using proceeds of a new bond issue.

AA Bond Co. priced £250 million of new 2.75% sub-class A6 notes with an expected maturity of July 31, 2023 and a final maturity of July 31, 2043, according to a company announcement.

AA is a Basingstoke, England-based company that provides roadside assistance.


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