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Oil Casualty Insurance Ltd. completes Avalon Re notes repurchase

9th September 2009

Oil Casualty Insurance Ltd. has announced the completion of its Dutch Auction tender offer to repurchase notes from the stricken Avalon Re catastrophe bond from its investors. They launched the repurchase offer with the aim of buying back up to $50m worth of notes for $42.5m. The offer was due to have closed on the […]

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