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Hiscox Ltd names leads for roadshow, short 5yr GBP senior

Reuters - UK Focus

By Julian Baker

LONDON, March 5 (IFR) - 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 (Oslo: KID.OL - news) .