Zurich Holding calls all $500 million fixed/floating-rate debentures

By Tali David

Minneapolis, May 23 - Zurich Holding Co. of America called all $500 million of its series IV fixed/floating-rate junior subordinated debentures, according to a redemption notice.

The 5.875% debentures, which are due May 9, 2023, will be redeemed at par plus any applicable premium on June 2.

Bank of New York Mellon is the agent.

Zurich Holding Co. of America is a Schaumburg, Ill.-based company that provides multi-line insurance services.

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