QBE Insurance Redeems USD 700M Notes Early

QBE Insurance Group Limited (AU:QBE) has released an update.

QBE Insurance Group Limited has redeemed its entire issuance of USD 700 million 6.75% Fixed Rate Subordinated Notes, originally due in 2044. The notes have been cancelled and delisted from the Singapore Exchange, indicating a strategic financial move by the company. This action reflects QBE’s proactive management of its debt obligations.

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