XL To Redeem Outstanding LYON notes

NU Online News Service, Aug. 24, 10:05 a.m. EDT?XL Capital Ltd. said it has called for redemption of all of its outstanding Liquid Yield Option Notes, or LYONs, due in 2021.[@@]

The redemption date for the LYONs will be Sept. 2, and the price will be $622.50 per LYON, XL said.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.