Liberty Mutual Group redeems $151.89 million of 10.75% notes due 2088

By Tali David

Minneapolis, Sept. 27 - Liberty Mutual Group, Inc. announced that between June 30 and Sept. 27, it repurchased $151,893,000 principal amount of its 10.75% senior C junior subordinated notes due 2088.

As of Sept. 27, $364,353,000 principal amount of the notes remained outstanding, according to a press release.

The company also agreed to purchase an additional $12,725,000 principal amount of the notes subject to settlement, the release said.

Liberty Mutual is a Boston-based property and casualty insurance company.

© 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.