Brief: UNIQA To Issue Benchmark Senior Bond And Sub-Benchmark

UNIQA Insurance AG

29/06/2020 10:52

June 29 (Reuters) - UNIQA INSURANCE GROUP AG  UNIQ.VI :
    * UNIQA INTENDS TO ISSUE A BENCHMARK SENIOR BOND AND A
SUB-BENCHMARK
    * AIM IS TO ISSUE SENIOR NOTES OF APPROXIMATELY EUR 600
MILLION
("SENIOR NOTES") AND SUBORDINATED (TIER 2) NOTES OF
APPROXIMATELY EUR 200 MILLION ("TIER 2 NOTES")
    * TO ISSUE SENIOR AND SUBORDINATED (TIER 2) NOTES IN MINIMUM
DENOMINATIONS OF EUR 100,000 ("NOTES")
    * INTENDS TO USE NET PROCEEDS FROM ISSUANCE OF SENIOR NOTES
TO
PARTLY FINANCE PURCHASE PRICE FOR ACQUISITION OF SUBSIDIARIES OF
AXA GROUP

Source text for Eikon:  ID:nAPAbfsCRy 
Further company coverage:  UNIQ.VI 

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