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The latest update is out from QBE Insurance Group Limited ( (AU:QBE) ).
QBE Insurance Group Limited has announced the completion of the redemption of its USD 300 million 6.10% Fixed Rate Subordinated Notes due 2045. This move, which follows an earlier announcement, signifies a strategic financial decision as the notes have been cancelled and delisted from the Singapore Exchange, potentially impacting the company’s debt structure and market positioning.
The most recent analyst rating on (AU:QBE) stock is a Buy with a A$23.50 price target. To see the full list of analyst forecasts on QBE Insurance Group Limited stock, see the AU:QBE Stock Forecast page.
More about QBE Insurance Group Limited
QBE Insurance Group Limited is a prominent player in the insurance industry, providing a range of insurance products and services. The company is headquartered in Sydney, Australia, and is known for its global presence and market focus on offering comprehensive insurance solutions.
Average Trading Volume: 3,851,516
Technical Sentiment Signal: Buy
Current Market Cap: A$30.45B
For an in-depth examination of QBE stock, go to TipRanks’ Overview page.