29th Oct 2018 08:42
LONDON (Alliance News) - Beazley PLC said on Monday it plans to fully redeem its outstanding USD18.0 million subordinated floating rate notes due 2034, first issued in 2004.
The notes will be redeemed at the principal amount of USD18 million, together with interest accrued, on November 26.
Shares in the FTSE 250-listed insurer were up 2.3% at 515.25 pence on Monday.
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