trending Market Intelligence /marketintelligence/en/news-insights/trending/vH-IeAST6JLJcD5h9iqeEQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Standard Life Aberdeen to repurchase £500M in subordinated bonds

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


Standard Life Aberdeen to repurchase £500M in subordinated bonds

Standard Life Aberdeen PLC launched a tender offer to repurchase £500 million of outstanding subordinated bonds.

The expected settlement date for the offer will be March 26, while the expiration date will be March 21, the day after which the tender price will be determined. The tender comes with a purchase spread of 150 basis points.

The company will also pay the accrued interest rate for the bonds.

Goldman Sachs International and Merrill Lynch International serve as deal managers on the buyback, with Lucid Issuer Services Ltd. as tender agent.