Intention to Redeem Subordinated Notes
Jupiter intends to redeem entire outstanding 8.875% subordinated notes due 2030.
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As announced today as part of the Company's full year results, Jupiter has determined its intention to redeem the entire outstanding principal amount of its 8.875 per cent. Fixed Rate Reset Callable Subordinated Notes due 2030 (the "Notes") ISIN XS2160867326.
The redemption is subject to meeting the conditions to redemption set out in Condition 6(b) (Conditions to Redemption, Substitution, Variation and Purchase) of the Terms and Conditions of the Notes, pursuant to Condition 6(d) (Issuer's Call Option) of the Terms and Conditions of the Notes.
Further details are expected to be provided in a notice to Note holders in due course. Such notice will specify the proposed redemption date, being a date falling not less than 30 nor more than 60 days from the notice date.
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