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Mitsui Sumitomo Insurance to redeem $1.3 billion notes due 2072
By Wendy Van Sickle
Columbus, Ohio, Sept. 29 – Mitsui Sumitomo Insurance Co. Ltd. will redeem $1.3 billion of subordinated notes due 2072 on March 15, according to a notice.
The board of directors approved the early redemption on Tuesday.
The notes were issued on March 15, 2012.
The issuer is a subsidiary of MS&AD Insurance Group Holdings, Inc. The insurance company is based in Tokyo.
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