Brief: UNIQA Publishes Preliminary Buyback Offer Results For Bonds Issued In 2013 And 2015

UNIQA Insurance AG

02/12/2021 07:20

Dec 2 (Reuters) - UNIQA INSURANCE GROUP AG  UNIQ.VI :
    * PUBLISHES THE PRELIMINARY RESULTS OF THE BUYBACK OFFER FOR
THE
BUYBACK OF THE SUBORDINATED (TIER 2) BONDS ISSUED IN 2013 AND
2015
    * INDICATIVE MAXIMUM TENDER AMOUNT: EUR 300,000,000.00
    * INDICATIVE ACCEPTANCE AMOUNT 2023 BOND (2023 NOTES
ACCEPTANCE
AMOUNT): EUR 198,500,000.00
    * INDICATIVE ACCEPTANCE AMOUNT FOR 2026 NOTES (2026 NOTES
ACCEPTANCE AMOUNT): EUR 101,500,000.00
    * INDICATIVE RELEVANT REDUCTION FACTOR (TENDER PRO-RATING
FACTOR)
PER SERIES: A. 2023 BOND: 89.90%; B. 2026 BOND: 51.54%
    * FINAL MAXIMUM BUYBACK AMOUNT, FINAL ACCEPTANCE AMOUNT 2023
BOND,
FINAL ACCEPTANCE AMOUNT 2026 BOND AND FINAL REDUCTION FACTORS
WILL BE PUBLISHED IN THE PUBLICATION OF THE FINAL RESULTS OF
BUYBACK

Further company coverage:  UNIQ.VI 

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