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Prospect News home > News index > List of issuers Tenders > Headlines for 2013 > News item
Published on 9/17/2013 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Kingsway calls $12 million of 7½% senior notes due Feb. 1, 2014

By Tali David

Minneapolis, Sept. 17 - Kingsway Financial Services Inc. said Kingsway America Inc. plans to redeem $12 million of its 7½% senior notes due Feb. 1, 2014.

The notes will be redeemed at par plus accrued interest of $185,000 on Oct. 15, according to a notice.

Following the transaction, $14,356,000 will remain outstanding.

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

Kingsway is a Mississauga, Ont., property and casualty insurance company.


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