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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.