March 22, 2018 / 11:05 PM / 5 months ago

BRIEF-Insurance Australia Group Successfully Priced Securities

March 23 (Reuters) - Insurance Australia Group Ltd:

* SUCCESSFULLY PRICED $350 MILLION OF SECURITIES UNDER WHOLESALE A$ SUBORDINATED DEBT OFFERING ANNOUNCED ON 22 MAR

* INSURANCE AUSTRALIA -ISSUE WILL PAY INVESTORS INTEREST QUARTERLY AT A FLOATING RATE EQUAL TO 3 MONTH BBSW PLUS A MARGIN OF 2.10% PER ANNUM. Source text for Eikon: Further company coverage:

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