Aviva to redeem $650m 8.25% Fxd Rate Tier 1 Notes

RNS Number : 0788S

Aviva PLC

28 September 2017

 

28 September 2017

Aviva plc to redeem USD 650,000,000 8.25 per cent Fixed Rate

Tier 1 Notes (ISIN: XS0778476340, Common Code: 077847634) 

Aviva plc (the "Issuer") announces that notification has been given to the holders of the USD 650,000,000 8.25 per cent Fixed Rate Tier 1 Notes (the "Notes'') that it shall redeem the Notes in full on 3 November 2017 (i.e. the Optional Redemption Date) at their principal amount together with accrued interest to (but excluding) 3 November 2017.

In addition, the Issuer has applied to the Financial Conduct Authority, in its capacity as United Kingdom Listing Authority, to cancel the listing of the Notes on the Official List of the United Kingdom Listing Authority with effect from (and including) 4 November 2017.

Capitalised terms not otherwise defined herein have the meanings given to them in the Terms and Conditions of the Notes.

Enquiries:

Media

Nigel Prideaux                                                                      [phone]

Andrew Reid                                                                         [phone]    

Analysts

Chris Esson                                                                         [phone]

Diane Michelberger                                                              [phone]

About Aviva

·     Aviva provides life insurance, general insurance, health insurance and asset management to 33 million customers, across 16 markets worldwide.

·     In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE100 index.  Aviva's asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and currently manages over £340 billion in assets. Total group assets under management at Aviva group are £450 billion.

·     Aviva helps people save for the future and manage the risks of everyday life; we paid out £34.4 billion in benefits and claims in 2016. By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.

·     The Aviva media centre at http://www.aviva.com/media/ includes company information, images, and a news release archive.

·     For an introduction to what we do and how we do it, please click here http://www.aviva.com/about-us/aviva/ 

·     For broadcast-standard video, please visit http://www.aviva.com/media/b-roll-library/ 

·     Follow us on twitter: www.twitter.com/avivaplc/ 

·     Follow us on LinkedIn: www.linkedin.com/company/aviva-plc. For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva

·     We have a Globelynx system for broadcast interviews. Please contact the Press Officer noted above if you would like to make a booking.

 

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