Brief: Mapfre Sets Terms For 500 Mln Euro Subordinated Notes Due June 2037

Mapfre SA

02/06/2026 06:08

June 2 (Reuters) - Mapfre SA MAP.MC :
SAID ON MONDAY, SET TERMS FOR 500 MILLION EURO SUBORDINATED NOTES DUE JUNE 9, 2037
NOTES ISSUED AT 99.968% OF NOMINAL VALUE
NOTES BEAR 4.500% INTEREST UNTIL JUNE 9, 2036
INTEREST PAYABLE ANNUALLY FROM JUNE 9, 2027, PAYMENT MAY BE DEFERRED
NOTES ISSUED UNDER 5 BILLION EURO MEDIUM TERM NOTE PROGRAM
DISBURSEMENT AND CLOSING EXPECTED JUNE 9
PROCEEDS TO FUND GROUP NEEDS INCLUDING 600 MILLION EURO NOTES TENDER OFFER
NOTES EXPECTED TO QUALIFY AS TIER 2 INSTRUMENTS
        
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