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Swiss Reinsurance Company Ltd successfully placed subordinated notes in an amount of EUR 500,000,000
Swiss Reinsurance Company Ltd successfully placed subordinated notes in an amount of EUR 500,000,000 with a term of 30 years through Cloverie Public Limited Company. The notes issued by Swiss Reinsurance Company Ltd shall qualify as lower tier 2 capital (unteres ergänzendes Kapital) under Swiss insurance regulations. Citigroup Global Markets Limited, Barclays Bank PLC, HSBC Bank plc, J.P. Morgan Securities plc, Merrill Lynch International, Bayerische Landesbank, Commerzbank Aktiengesellschaft, Landesbank Baden-Württemberg and Société Générale acted as managers or co-managers.
Niederer Kraft & Frey acted as legal advisor to the managers and co-managers. The team comprised Marco Häusermann and Markus Kronauer.
For more information please visit www.nkf.ch