Brief: Catalana Occidente's Atradius Finance Launches Tender Offer Relating To Its Outstanding Subordinated Notes Due 2044

Grupo Catalana Occidente SA

08/04/2024 10:09

April 8 (Reuters) - Grupo Catalana Occidente SA
 GCO.MC :
    * ATRADIUS FINANCE LAUNCHES TENDER OFFER RELATING TO ITS
OUTSTANDING SUBORDINATED NOTES AND MANDATE PROVIDED BY ATRADIUS
CRÉDITO Y CAUCIÓN DE SEGUROS Y REASEGUROS FOR NEW ISSUE OF
SUBORDINATED NOTES
    * DUTCH SUBSIDIARY ATRADIUS FINANCE B.V. ANNOUNCED LAUNCH OF
INVITATION TO HOLDERS OF OUTSTANDING SUBORDINATED NOTES ENTITLED
250,000,000 FIXED TO FLOATING RATE GUARANTEED SUBORDINATED NOTES
DUE 2044 ISSUED BY ATRADIUS FINANCE B.V.
    * PURPOSE TO TENDER OFFER AND NEW ISSUE IS TO PROACTIVELY
MANAGE
DEBT CAPITAL STRUCTURE OF ATRADIUS ND ITS UNITS
    * IN ADDITION, ATRADIUS CREDITO Y CAUCION SA. DE SEGUROS Y
REASEGUROS, CREDIT INSURANCE COMPANY OF GROUP, ANNOUNCES ITS
INTENTION TO LAUNCH NEW ISSUE OF SUBORDINATED NOTES
    * TO THAT END, CREDIT INSURANCE COMPANY INSTRUCTED J.P.
MORGAN SE
AND BNP PARIBAS TO ORGANISE SERIES OF INVESTOR MEETINGS THAT
WILL START TODAY
    * FOLLOWING SUCH MEETINGS, ATRADIUS CREDITO Y CAUCION S.A.
DE
SEGUROS Y REASEGUROS INTENDS TO COMPLETE ISSUE OF
EURO-DENOMINATED SUBORDINATED NOTES

Source text for Eikon:  ID:nCNM2sPcrt 
Further company coverage:  GCO.MC 

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