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Prospect News home > News index > List of issuers T > Headlines for Tenders 2004 > News item
Published on 8/23/2004 in the Prospect News Convertibles Daily.

XL Capital calls all $316.8 million of LYONs

Pittsburgh, Aug. 23 - XL Capital Ltd. will redeem all $316.8 million of its outstanding Liquid Yield Option Notes due 2021 at a price of $622.5046 per LYON, according to a company news release.

The redemption date is Sept. 7.

XL Capital is a Hamilton, Bermuda-based provider of insurance and reinsurance coverage and other financial products to industrial, commercial and professional service firms, insurance companies and other enterprises.


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