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Hiscox, Ltd. (LSE:HSX) | RNS | Hiscox Ltd - Result of Meeting


28 June 2021) - Hiscox Ltd (LSE:HSX) (the Issuer ), the international specialist insurer, announced on
3 June 2021 an invitation (such invitation, the Consent Solicitation ) to eligible holders of its outstanding Notes to consent to the modification of the terms and conditions (the Conditions ) of the Notes and consequential or related amendments to the trust deed dated
24 November 2015 relating to the Notes (as amended from time to time, the Trust Deed ), such that:
(i)        for the purposes of the floating rate of interest applicable to the Notes from
24 November 2025 (the Fixed Rate End Date ), (a) the Floating Interest Rate (as defined in the Conditions) will be determined by reference to the Sterling Overnight Index Average ( SONIA ) (using Compounded Daily SONIA (as defined in the Consent Solicitation Memorandum (as defined below)) with a 5-day lag methodology and payable, subject as provided in the Conditions, quarterly) and not the 3-month ....

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HDFC reduces Retail Prime Lending Rate (RPLR)


The change will benefit all existing HDFC retail home loan customers.
The announcement was made after market hours yesterday, 3 March 2021. Shares of HDFC rose 3.43% to settle at Rs 2,652.80 yesterday.
The stock hit a 52-week high of Rs 2,895.35 on 16 February 2021. The stock hit a 52-week low of Rs 1473.10 on 24 March 2020.
HDFC is engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India.
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