Insurance
Company Overview of Chaucer Holdings PLC
Company Overview
Plantation Place
30 Fenchurch Street
London, EC3M 3AD
United Kingdom
Founded in 1922
695 Employees
Key Executives for Chaucer Holdings PLC
Chaucer Holdings PLC Key Developments
Chaucer Holdings plc has replaced its existing Standby Letter of Credit Facility, used to provide Funds at Lloyd's for the 2011 year of account and prior open years of account, with a new Standby Letter of Credit Facility for the 2012 and 2013 years of account and each open prior year of account. The following is a description of the new facility and related Company Guaranty. On November 28, 2011, Chaucer, as account party, and 440 Tessera Limited (a wholly-owned subsidiary of the Company and the parent of Chaucer) and certain subsidiaries of Chaucer, as guarantors, entered into a Standby Letter of Credit Facility Agreement with the lenders party thereto from time to time, Lloyds TSB Bank plc, Barclays Bank PLC and The Royal Bank of Scotland plc as mandated lead arrangers and Lloyds TSB Bank plc as bookrunner, overdraft provider, facility agent of the other Finance Parties (as defined therein) and security agent to the Secured Parties. The Facility Agreement replaces the GBP 90,000,000 Standby Letter of Credit Facility entered into by Chaucer on November 29, 2010.
Chaucer Holdings plc(LSE:CHU) dropped from FTSE All-Share Index (GBP)
Chaucer Holdings plc(LSE:CHU) dropped from FTSE All-Small Index (GBP)
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