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Independence Holding to redeem junior subordinated debt securities

Independence Holding Co. announced plans to redeem junior subordinated debt securities due in December 2034 during the week of Dec. 12.

Since the beginning of 2016, Independence Holding has retired $43 million in debt and invested $7.3 million in distribution partnerships and established website domains, CEO Roy Thung said in a statement. The company initially provided notice of plans to redeem junior subordinated debt notes due December 2034 in October.