Redemption of Floating Rate Subordinated Notes ...

Redemption of Floating Rate Subordinated Notes Due 2035

XL Group plc

23 November 2015

Release 2015-2

REDEMPTION OF FLOATING RATE SUBORDINATED NOTES DUE 2035

LONDON – Catlin Underwriting announces that it has exercised its early redemption option in respect of its floating rate subordinated notes due 2035. Catlin Underwriting announced on 27 October 2015 that it intended to exercise its early redemption option on the next interest payment dates in respect of its floating rate subordinated notes due 2035 and 2036. Catlin Underwriting is an indirect, wholly-owned subsidiary of XL Group plc (NYSE: XL).

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