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Prospect News home > News index > List of issuers O > Headlines for Old Mutual plc > News item
Published on 12/15/2010 in the Prospect News Liability Management Daily.

Old Mutual to redeem £300 million step up notes due 2016 on Jan. 21

By Toni Weeks

San Diego, Dec. 15 - Old Mutual plc said that it will redeem all £300 million principal amount of its fixed-to-floating rate callable step-up option A dated subordinated notes due 2016 on Jan. 21.

The notes will be redeemed at par plus accrued interest, according to a notice filed with the London Stock Exchange.

Old Mutual is a London-based financial services company. Subsidiary Old Mutual Life Assurance Co. (South Africa) Ltd. is based in Pinelands, South Africa.


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