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Published on 11/3/2011 in the Prospect News Liability Management Daily.

Ecclesiastical calls its £6 million of 13% debenture stock due 2018

By Tali David

Minneapolis, Nov. 3 - Ecclesiastical Insurance Group plc announced that it plans to redeem ist £6 million of 13% debenture stock due 2018, according to a filing with the London Stock Exchange.

Under the proposed redemption, the company would purchase the stock at a price of £130 per £100 in principal amount, plus interest accrued to the date of redemption.

Ecclesiastical is a Gloucester, England-based financial services group.


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