Aspen Insurance to redeem all $125 million 6% senior notes due 2020

By Sarah Lizee

Olympia, Wash., Aug. 30 – Aspen Insurance Holdings Ltd. intends to redeem the entire outstanding $125 million of 6% senior notes due 2020, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on Sept. 30 at a redemption price equal to par plus a make-whole premium calculated using a discount rate of Treasuries plus 45 basis points plus accrued interest to but excluding the redemption date.

Aspen Insurance is a Bermuda-based insurance holding company.

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