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Beazley unit to issue subordinated notes

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Beazley unit to issue subordinated notes

Beazley PLC unit Beazley Insurance DAC will issue subordinated tier 2 notes, subject to market conditions.

The unit mandated J.P. Morgan Cazenove, Lloyds Bank Corporate Markets Wertpapierhandelsbank and NatWest Markets to arrange a series of fixed-income investor roadshow meetings in Singapore, Hong Kong and London that will commence Aug. 29.