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Published on 12/12/2011 in the Prospect News Liability Management Daily.

Old Mutual to redeem all €750 million callable tier 2 notes due 2017

By Tali David

Minneapolis, Dec. 12 - Old Mutual plc will redeem all €750 million of its fixed floating-rate callable option A dated tier 2 notes due 2017, according to a filing with the London Stock Exchange.

The bonds will be redeemed at par plus accrued interest on Jan. 18, the first call date.

Old Mutual is a London-based financial services company.


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