Hub International calls 7 7/8% notes, Hub Holdings calls 8 1/8% notes

New York, April 26 – Hub International Ltd. will redeem all $1.23 billion of its 7 7/8% senior notes due 2021 and Hub Holdings, LLC and Hub Holdings Finance, Inc. will redeem all $380 million of their 8 1/8% / 8 7/8% senior contingent cash pay notes due 2019, according to notices.

Both series of notes will be redeemed on May 25.

For the 7 7/8% notes, the issuer will pay 103.938% of par plus accrued interest up to but excluding the redemption date.

For the contingent cash pay notes, the price is par plus accrued interest up to but excluding the redemption date.

Hub is a Chicago-based insurance brokerage.

© 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.