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Maiden Holdings to redeem 8.25% notes due 2041 in full on June 15
By Marisa Wong
Morgantown, W.Va., May 13 – Maiden Holdings, Ltd. announced that its subsidiary, Maiden Holdings North America, Ltd., intends to redeem all of its 8.25% notes due 2041 on June 15.
The company will redeem the notes at par plus accrued interest to but excluding the redemption date.
Wilmington Trust Co. is the trustee and paying agent.
Maiden is a Bermuda-based holding company. Its subsidiaries provide reinsurance products and services to small and mid-size insurance companies in the United States and Europe.
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