UPDATE: Legal & General gets full acceptances for bond tender offer
Legal & General Group PLC - London-based insurer and asset manager - Tender offer for up to GBP500.0 million in dollar and sterling bonds receives USD519.7 million in acceptances for the dollar bonds and GBP409.2 million for the sterling bonds. As a result of tenders being more than the maximum, L&G will apply scaling factors of 35% to 77% and accept USD401.3 million in tenders for the dollar bonds and a total of GBP200.0 million in tenders for the sterling bonds, both as planned. Read More