9th Dec 2005 13:56
BRIT Insurance Holdings PLC09 December 2005 PRESS RELEASE FOR IMMEDIATE RELEASE 9 December 2005 Brit Insurance Holdings PLC Completion of bond issue Brit Insurance Holdings PLC, the UK-based international general insurer andreinsurer, announces that it has today completed the issue of £150 millionSubordinated Notes. Dane Douetil, Group Chief Executive, said: "We are delighted to have completedBrit's debut public bond transaction, and to be the first UK non-life insurer tohave done so since the recent US hurricanes. The issue was very well received,and we are in an excellent position to take advantage of improving marketconditions." Copies of the prospectus have been submitted to the UK Listing Authority andwill shortly be available for inspection at the UK Listing Authority's DocumentViewing Facility, which is situated at: Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS Tel. no. 020 7676 1000 Enquiries Dane Douetil/Matthew Scales, Brit Insurance Holdings PLC 020 7984 8500David Haggie/Peter Rigby, Haggie Financial 020 7417 8989 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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