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Palomar redeems floating-rate senior secured notes at 102% of par
By Angela McDaniels
Tacoma, Wash., May 23 – Palomar Holdings, Inc. completed the redemption of all of Palomar Insurance Holdings, Inc.’s outstanding floating-rate senior secured notes due 2028 on May 23, according to an 8-K filing with the Securities and Exchange Commission.
The redemption price was 102% of par plus accrued interest up to but excluding May 23.
Palomar provides insurance services and is based in La Jolla, Calif.
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