The notes, which are issued under Great Eastern Holdings and Great Eastern Life Assurance Company’s $1 billion multicurrency medium term note programme, is due 2026.
Great Eastern Life Assurance Company announced on Jan 6 that it will be redeeming its $400 million 4.6% subordinated fixed rate notes on Jan 19.
The notes will be redeemed at 100% of their nominal amount with interest accrued to the redemption date.
