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Prospect News home > News index > List of issuers Q > Headlines for QBE Insurance Group Ltd. > News item
Published on 4/22/2022 in the Prospect News Liability Management Daily.

QBE calls £327.19 million 6.115% subordinated notes due 2042

By Rebecca Melvin

Concord, N.H., April 22 – QBE Insurance Group Ltd. announced it will redeem for cash all £327,186,000 6.115% fixed-rate subordinated notes due 2042 (ISIN: XS1419859142).

The notes will be redeemed on May 24 for their face value plus accrued interest to the early redemption date, according to a notice.

The notes were initially sold under the group’s $4 billion medium-term note program in May 2016.

The insurer is based in Sydney, Australia.


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