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Published on 10/13/2017 in the Prospect News High Yield Daily.

Ardonagh Group offering £55 million 8 3/8% notes due 2023

Portland, Ore., Oct. 13 – The Ardonagh Group Ltd. announced in a Thursday press release that it plans to sell £55 million of 8 3/8% senior secured notes due 2023.

The St. Helier, Jersey-registered insurance company plans to use the proceeds to fund its acquisition of Carole Nash.


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