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Prospect News home > News index > List of issuers Tenders > Headlines for 2018 > News item
Published on 5/8/2018 in the Prospect News Liability Management Daily.

Prudential unit to redeem £100 million 8.5% undated subordinated bonds

By Sarah Lizee

Olympia, Wash., May 8 – Prudential plc subsidiary Scottish Amicable Finance plc will redeem its £100 million of 8.5% undated subordinated guaranteed bonds, according to a filing with the London Stock Exchange.

The notes will be redeemed in full on June 30.

The notes are irrevocably guaranteed on a subordinated basis by Scottish Amicable Life Assurance Society.

Prudential is a London-based life insurance and financial services company.


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