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Callable
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Callable

The following information is about Callable.

Callable Defined

Applies mainly to convertible securities. Redeemable by the issuer before the scheduled maturity under specific conditions and at a stated price, which usually begins at a premium to par and declines annually. Bonds are usually called when interest rates fall so significantly that the issuer can save money by issuing new bonds at lower rates.

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(AFX UK Focus) 2008-08-20 07:39 UPDATE 1-Wing Hang Bank eyeing dollar bond sale-source

Published August 20, 2008, 12:15 am, Interactive Investor

HONG KONG, Aug 20 (Reuters) - Wing Hang Bank <0302.HK> is meeting Asian debt investors this week with an eye towards a potential dollar bond sale, a fund manager being briefed on the plans said on Wednesday.

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Published August 19, 2008, 10:32 am, TrustNet

Real estate investment trust (REIT) Primary Health Properties has reported today that interest rate swaps were a significant factor in its net asset value (NAV) uplift over the first half, while investment trusts are increasingly profiting from use of derivatives.

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Best Affirms Generali's 'A+' Ratings

Published August 19, 2008, 4:09 am, Insurance Journal

A.M. Best Co. has affirmed the financial strength rating of 'A+' (Superior) and issuer credit ratings of "aa-" of Italy's Assicurazioni Generali S.p.A., as well as the debt instruments issued or guar

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A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A.

Published August 18, 2008, 10:43 am, Centre Daily Times

A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit ratings of "aa-" of Assicurazioni Generali S.p.A. (Generali) (Italy). At the same time, A.M. Best has assigned and affirmed the ratings of the debt instruments issued or guaranteed by Generali. The outlook for all ratings remains stable. (See below for a detailed listing of the companies and ratings.)

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Green Globe International, Inc. CEO Issues Statement Regarding Recently Filed Quarterly Report

Published August 18, 2008, 10:33 am, Marketwire via Yahoo! Finance

Green Globe International, Inc., which owns the Green Globe brand, the premier international green brand focused on sustainability and carbon neutrality programs, today issued a statement from CEO Steven R.

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A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A.

Published August 18, 2008, 10:15 am, Business Wire via Yahoo! Finance

OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of "aa-" of Assicurazioni Generali S.p.A. . At the same time, A.M. Best has assigned and affirmed the ratings of the debt instruments issued or guaranteed by Generali.

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FMG Acquisition Corp. Announces Issuance of 11% Notes Due 2011, Election of Certain Stockholders to Exchange Existing ...

Published August 18, 2008, 6:10 am, Business Wire via Yahoo! Finance

FARMINGTON, Conn. & ST. PETERSBURG, Fla.----FMG Acquisition Corp. and privately-held United Insurance Holdings LC today jointly announced several matters in connection with their pending merger.

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Deposit insurance that draws on City strengths

Published August 17, 2008, 11:31 am, Financial Times

We have an opportunity to reshape the deposit insurance arrangements for UK banks using an approach that has long strengthened London as a financial centre.

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Country club gets new life

Published August 16, 2008, 8:34 pm, The Times-Reporter

Fighting to save Union Country Club at Dover was a simple choice for those involved.

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A.M. Best Assigns Rating to MetLife's Senior Debt Securities

Published August 15, 2008, 11:43 am, Centre Daily Times

A.M. Best Co. has assigned a debt rating of "a" to the roughly $1.03 billion 6.817% senior debt securities series A, due 2018 remarketed by MetLife, Inc. (MetLife) (New York, NY) (NYSE: MET). The outlook for the rating is stable. The current financial strength, issuer credit and debt ratings of MetLife and its life/health subsidiaries are unchanged.

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