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Published on 9/12/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Korean Reinsurance to redeem $200 million 4½% capital securities

Chicago, Sept. 12 – Korean Reinsurance Co. Ltd. has issued a notice of redemption for its $200 million 4½% subordinated capital securities, according to a notice.

The securities were originally issued in October 2014.

The notes will be redeemed in whole on Oct. 21, the first call date, at par plus any unpaid distribution.

The issuer is based in Seoul, South Korea.


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