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Prospect News home > News index > List of issuers X > Headlines for XL Group plc > News item
Published on 12/15/2015 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

XL Group unit redeems all floating rate subordinated notes due 2036

By Tanya Meyer

Chicago, Dec. 15 – XL Group plc wholly owned subsidiary Catlin Underwriting announced it has redeemed all of its floating rate subordinated notes due 2036.

On Oct. 27, the company called all of its floating rate subordinated notes due 2036 for redemption on their next interest payment dates, according to a news release.

As previously reported, Catlin Underwriting also redeemed all of its floating rate subordinated notes due 2035 on Nov. 23.

Catlin Underwriting was acquired by Dublin, Ireland-based XL Group in May 2015.


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