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RSA Insurance Group Limited - Tender Offer - Launch

RSA INSURANCE GROUP LIMITED ANNOUNCES TENDER OFFER TO PURCHASE ITS OUTSTANDING £400,000,000 FIXED RATE RESET GUARANTEED SUBORDINATED NOTES DUE 2045


24 MAY 2023


Full announcement available via Lonse


"RSA Insurance Group Limited ("RSA" or the "Company") has today invited Noteholders to tender their Notes for purchase by or on behalf of the Company for cash (the "Offer") subject to certain offer restrictions as contained in the section "Offer and Distribution Restrictions" of the Tender Offer Memorandum. The Offer is made on the terms of, and subject to the conditions contained in, the Tender Offer Memorandum, copies of which may be obtained by Noteholders, subject to certain distribution restrictions, from Kroll Issuer Services Limited (the "Tender Agent"). Capitalised terms used but not defined herein have the meanings given to them in the Tender Offer Memorandum.


The purpose of the Offer is to optimise the capital structure of the Group.


The following table sets forth certain details of the Offer:"



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