{"id":10418,"date":"2009-04-22T00:00:00","date_gmt":"2009-04-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"uks-lloyds-plans-bond-buyback-at-big-discount","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2009\/uks-lloyds-plans-bond-buyback-at-big-discount.html","title":{"rendered":"UK&#8217;s Lloyd&#8217;s plans bond buyback at big discount"},"content":{"rendered":"<p>Guardian.co.uk &#8211; Lloyd&#8217;s of London, the specialist insurance market, has offered to buy back up to 100 million pounds ($145 million) worth of bonds at a hefty discount. <\/p>\n<div>\n<div>The offer applies to fixed\/floating rate subordinated notes due 2024 and subordinated notes due 2025 as well as perpetual subordinated capital securities. The bonds are all rated A-.<\/div>\n<div>\n<div>Lloyd&#8217;s said the transaction would allow it to benefit from a significant discount on the securities without materially affecting its capital position.<\/div>\n<div><a href=\"..\/news\/news_land.php?i=http:\/\/www.guardian.co.uk\/business\/feedarticle\/8467347\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Guardian.co.uk &#8211; Lloyd&#8217;s of London, the specialist insurance market, has offered to buy back up to 100 million pounds ($145 million) worth of bonds at a hefty discount. The offer applies to fixed\/floating rate subordinated notes due 2024 and subordinated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[310,3004,10733,10732,5775,10731,261,10734,10735,3364,10730],"class_list":["post-10418","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-100-million","tag-bonds","tag-capital-position","tag-capital-securities","tag-guardian","tag-hefty-discount","tag-insurance","tag-insurance-market","tag-lloyd","tag-london","tag-specialist-insurance"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10418"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10418\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}