BRIEF-Admiral Group prices bond offering at 200 mln stg

July 18 Fri Jul 18, 2014 1:03pm EDT

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July 18 (Reuters) - Admiral Group Plc :

* Admiral Group Plc announces successful inaugural bond offering

* It successfully priced 200 million pounds of 5.50 pct fixed coupon, ten year, tier two, subordinated notes due July 2024

* Issue is expected to settle on 25 July 2014

* BofA Merrill Lynch acted as sole bookrunner and sole structuring advisor. Source text for Eikon: Further company coverage:

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