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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 12/14/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Asahi Mutual Life calls $350 million 7.25% step-up perpetuals

By William Gullotti

Buffalo, N.Y., Dec. 14 – Asahi Mutual Life Insurance Co. issued a redemption notice for all of its $350 million 7.25% step-up callable perpetual subordinated bonds (ISIN: XS1548424461), according to an announcement on Tuesday.

The bonds will be redeemed at par plus accrued and unpaid interest up to, but excluding, the Jan. 24 redemption date.

The insurance company is based in Tokyo.


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