Brief: Helvetia: Decided To Redeem CHF 225 Mln Hybrid Bond On Its First Optional Redemption Date

Helvetia Baloise Holding AG

17/09/2024 06:02

Sept 17 (Reuters) - Helvetia Holding AG  HELN.S :
    * HAS DECIDED TO REDEEM A CHF 225 MILLION HYBRID BOND ON ITS
FIRST
OPTIONAL REDEMPTION DATE ON 17 OCTOBER 2024
    * HAS DECIDED TO EXERCISE ITS OPTION TO REDEEM CHF 225
MILLION
HYBRID BOND WITH ISIN CH0255893098 ON ITS FIRST OPTIONAL
REDEMPTION DATE
    * REDEMPTION WILL BE AT PAR PLUS ACCRUED INTEREST ON 17
OCTOBER
2024
    * BOND WAS ISSUED BY HELVETIA SCHWEIZERISCHE
VERSICHERUNGSGESELLSCHAFT AG IN 2014 AND CURRENTLY BEARS A
YEARLY COUPON OF 4.00%

Source text for Eikon:  ID:nEQbYClrja 
Further company coverage:  HELN.S 

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))