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RL Finance Bonds calls £400 million 6.125% notes due 2043
By Marisa Wong
Los Angeles, Nov. 6 – RL Finance Bonds No. 2 plc announced it has exercised its option to redeem all of its outstanding £400 million 6.125% fixed-rate reset callable guaranteed subordinated notes due 2043 (ISIN: XS0998135718) guaranteed by Royal London Mutual Insurance Society Ltd.
The notes will be redeemed on Nov. 30 at par plus accrued interest to the redemption date.
Royal London offers life insurance, pensions, savings products, investment products, property/casualty insurance, credit insurance and investment management. The company is based in London.
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