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Prospect News home > News index > List of issuers U > Headlines for United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Ltd. > News item
Published on 7/23/2018 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

U.K. Mutual Steam Ship calls $100 million subordinated perpetuals

By Susanna Moon

Chicago, July 23 – United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Ltd. said it exercised the call option under its $100 million perpetual subordinated capital securities.

The notes will be redeemed on the first call date of Aug. 22 at par plus accrued interest up to the redemption date, according to the notice.


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