5th Nov 2014 15:30
NOTICE OF EARLY REDEMPTION
RSA INSURANCE GROUP PLC
£450,000,000 8.5 per cent. Cumulative Step-up Perpetual Subordinated Notes guaranteed on a subordinated basis by Royal & Sun Alliance Insurance plc (the “Notes”)
ISIN: XS0197028714
Common Code: 019702871
NOTICE IS HEREBY GIVEN that RSA Insurance Group plc (the “Issuer”), pursuant Condition 5(b) (Issuer’s Call Option) of the Notes, will redeem all outstanding Notes on 8 December 2014 (the “Redemption Date”) at their principal amount together with accrued and unpaid interest to (but excluding) the Redemption Date.
Notice of the proposed redemption has been given to the Prudential Regulation Authority and no notice of objection has been given by the Prudential Regulation Authority.
Terms used in this Notice and not defined herein shall have the same meaning given to them in the Terms and Conditions of the Notes.
Payment of the redemption monies will be made through Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme, in accordance with their standard procedures.
| CONTACTS RSA Insurance Group plc | |||
| Analysts & Investors | Press | ||
| Rupert Taylor Rea Head of Investor Relations Tel: +44 (0)20 7111 7140 Email: | Louise Shield Director of External Communications Tel: +44 (0)20 7111 7047 Email: [email protected] | ||
| Louise Jordan Investor Relations Executive Tel: +44 (0)20 7111 1891 Email: [email protected] | Jon Sellors Head of Media Relations Tel: +44 (0)20 7111 7327 Email: [email protected] |
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