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Aviva PLC - London-based insurance firm - Sets the capped offers maximum acceptance amount, for its tender offers announced on Tuesday, at £298.3 million. The offers are for its £700.0 million 6.125% fixed/fixed rate reset subordinated notes due 2036, of which £200.0 million remains outstanding; €750.0 million 1.875% senior notes due 2027, of which £464.0 million remains outstanding; and £350.0 million fixed rate reset perpetual restricted tier 1 contingent convertible notes, of which £350.0 million remains outstanding, of Direct Line Insurance Group Ltd. In each case, Aviva on Tuesday invited eligible holders to tender their outstanding notes for cash, in order to ‘proactively manage [its] capital structure and expected redemption profile.’ Current stock price: 619.20 pence 12-month change: 1.9% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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