March 23 (Reuters) - Insurance Australia Group Ltd IAG.AX :
* 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.