E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/4/2013 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

QBE Insurance calls $250 million 5.647% senior secured notes due 2023

By Tali David

Minneapolis, June 4 - QBE Insurance Group Ltd. plans to redeem $250 million of its 5.647% subordinated fixed/floating-rate notes due July 1, 2023, according to a notice.

The company will redeem $212.34 million of notes (Cusip: 74728GAA8) and $37.66 million of notes (Cusip: Q78063AA4) at par plus premium on July 1.

The Bank of New York Mellon is the trustee agent.

The general insurance company is based in Sydney.


© 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.