Bermuda’s ACE Limited announced that its subsidiary, ACE INA Holdings Inc., has agreed to sell $300 million of 6.7 percent Senior Notes due May 15, 2036. The notes are fully and unconditionally guaranteed by ACE Limited.
ACE said: “The net proceeds from the sale of the senior notes and available cash will be used to repay all $300,000,000 of ACE INA Holdings’ 8.30 percent Notes due August 15, 2006.”
Was this article valuable?
Here are more articles you may enjoy.
Icahn Money Manager Sues His Bosses and Bausch + Lomb Over Anti-White Bias 
Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina 
State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order 
UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges 
