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Hiscox focused on Dec 2022 maturity for upcoming GBP

Reuters - UK Focus

By Julian Baker

LONDON, March 6 (IFR) -

* Roadshow (HKSE: 0888-OL.HK - news) concludes today. Issuer focused on Dec (Shanghai: 600875.SS - news) 2022 maturity, benchmark size. Reflect IoIs/feedback to syndicate desks. (March 6)

Hiscox Ltd has mandated Barclays (LSE: BARC.L - news) , Lloyds Bank, NatWest Markets and UBS Investment Bank to arrange a series of fixed income investor meetings in London on Tuesday March 6. A short 5-year sterling-denominated senior unsecured Reg S registered transaction is expected to follow (expected rating BBB+ from S&P and Fitch), subject to market conditions. FCA/ICMA stabilisation applies. Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPS KID. (March 5)