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Atradius calls €120 million fixed-to-floating step-up bonds due 2024
By Tali Rackner
Norfolk, Va., July 31 – Atradius Finance BV is exercising the call option for its €120 million fixed-to-floating-rate step-up guaranteed subordinated bonds due 2024, according to a notice.
The bonds are guaranteed by Atradius NV and Atradius Credit Insurance NV and will be redeemed at par plus accrued interest on Sept. 3.
Atradius is an Amsterdam-based subsidiary of Atradius NV. It provides finance and support services to the Atradius Group.
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