Zurich calls its $600 million 6½% debentures, $400 million floaters

By Melissa Kory

Cleveland, Nov. 12 - Zurich Financial Services Group announced the full redemption of its outstanding $600 million 6½% subordinated debentures due Dec. 15, 2035 issued through ZFS Finance (USA) Trust I and outstanding $400 million floating-rate notes due Dec. 15, 2035 issued through ZFS Finance USA Trust III.

The notes will be redeemed on Dec. 15 at par, plus accrued interest up to the redemption date.

Bank of New York Mellon is the redemption agent.

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