| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
RSA Insurance plans call of £350 million 1 5/8% notes due 2024
By Rebecca Melvin
Concord, N.H., May 13 – RSA Insurance Group plc announced that its £350 million 1 5/8% senior notes due Aug. 28, 2024 will be called for redemption when the planned acquisition of the company by Intact Financial Corp. is completed, according to a notice published by the London Stock Exchange.
Intact’s wholly-owned subsidiary, Regent Bidco Ltd., is acquiring the issued and to be issued share capital of RSA pursuant to a court-ordered arrangement.
The plan remains subject to the satisfaction or waiver of the remaining conditions set out in the scheme published on Dec. 16, 2020.
RSA Insurance Group is a London-based insurance company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.