trending Market Intelligence /marketintelligence/en/news-insights/trending/wc8aGhYbtHvPtdIx7BCtwA2 content esgSubNav
In This List

Aspen Insurance issues redemption notice for senior notes

Blog

The Big Picture 2022 Insurance Industry Outlook

Podcast

Next in Tech | Episode 37: Insurance impacts on technology and vice versa

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Aspen Insurance issues redemption notice for senior notes

Aspen Insurance Holdings Ltd. issued a redemption notice for the outstanding $125 million principal amount of 6.00% senior notes due 2020.

The redemption date will be Sept. 30. The redemption price will be equal to the greater of 100% of the principal amount of the notes being redeemed, or the sum of the present values of the remaining scheduled payments on the notes, excluding accrued interest, discounted to the redemption date using a defined treasury rate plus 45 basis points.

Accrued and unpaid interest on the notes will be paid up to, but excluding, the redemption date.