March 30, 2017 / 3:57 PM / 5 months ago

BRIEF-Zurich Insurance to redeem $1 bln of trust preferred securities early

March 30 (Reuters) - Zurich Insurance Group Ag says

* to redeem early $1 billion of trust preferred securities

* net amount outstanding is $501 million

* $1 billion of trust preferred securities, issued in 2007 by ZFS Finance (USA) Trust V expected to be redeemed on May 9, 2017 at par plus accrued interest Further company coverage: (Reporting By Zurich newsroom)

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