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Alleghany to redeem $300M in senior notes

Alleghany Corp. intends to redeem all $300 million of its outstanding 5.625% senior notes due 2020.

The company will redeem the notes on Jan. 15, 2020, at an unspecified redemption price, plus any accrued and unpaid interest up to the redemption date.

The Bank of New York Mellon is the trustee and paying agent for the notes.