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Redeeming QBE

Insurance group QBE, through its subsidiary QBE International Holdings (UK) Plc, has given notice of its intention to redeem €115 million of subordinated EFRNs due 2020, A$150 million of subordinated EFRNs due 2020 and A$20 million fixed and floating rate subordinated bonds due 2020. The bonds will be redeemed on August 3 at full face value plus accrued interest.

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