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Hastings redeems £310m secured notes

Stock market performance

Hastings Insurance Group has paid back £310m of fixed and floating rate senior secured notes, according to a London Stock Exchange notice.

Hastings redeemed £150m of senior secured floating rate notes due 2019, and £159.9m 8% senior fixed rate notes due 2020.

The redemption of notes was funded, in part, by Hastings drawing down in full

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