Business
Notice of Redemption
Notice of Redemption.
About this update from Lancashire Holdings Limited
[{"type":"text","content":"\n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.\n LEI: 5493002UNUYXLHOWF752\n For immediate release\n \n \n NOTICE OF REDEMPTION\n \nto the holders of\n \n LANCASHIRE HOLDINGS LIMITED\n \n(the “Issuer”)$130,000,000 5.70% Senior Notes due 2022\n(the “Notes”)\n CUSIP Nos.: Regulation S – G5361WAA2 and Rule 144A – 513774AA7\nISIN Nos.: Regulation S – USG5361WAA20 and Rule 144A – US513774AA79\n 12 April 2021\nHamilton, Bermuda\n The Issuer has today given notice to holders of the outstanding Notes of the Issuer that, in accordance with the terms of the Notes, the Issuer has decided to redeem all of its outstanding Notes on 13 May 2021 (the “Redemption Date”). Citibank, N.A. acts as paying agent under the Notes.\n The redemption price payment will be made in accordance with the terms of the Notes. Notice of the redemption price will be given to holders of the outstanding Notes on or around the second trading day prior to the Redemption Date. All terms of the Notes remain unchanged until redemption.\n To view the notice, please click on the link below:\n \n https://mma.prnewswire.com/media/1484670/Notice_of_Redemption.pdf\n \n The Issuer will request the Financial Conduct Authority to cancel the listing of the Notes and the London Stock Exchange plc to cancel the admission to trading of the Notes on or shortly after the Redemption Date.\n For further information, please contact:\n \n Lancashire Holdings Limited\n \nChristopher Head +44 20 7264 4145\nGroup Company Secretary [email protected]\n Jelena Bjelanovic +44 20 7264 4066\nGroup Head of Investor Relations [email protected]\n This release contains information, which may be of a price sensitive nature, that the Issuer is making public in a manner consistent with the Market Abuse Regulation (EU) No 596/2014 (“EU MAR”) in the European Economic Area, EU MAR as it forms part of the domestic law of the U.K. by virtue of the European Union (Withdrawal) Act 2018 (as amended, including by the European Union (Withdrawal Agreement) Act 2020) and other regulatory obligations.\n The information was submitted for publication, through the agency of the contact persons set out above, at 07:00 BST on 12 April 2021.\n \n \n IMPORTANT NOTICES\n \n Certain statements contained in this announcement constitute “forward-looking sta...