The Swiss Re group has recently updated its USD 10 billion Debt Issuance Programme, and thereunder has issued (i) EUR 800 million Guaranteed Subordinated Fixed Rate Reset Step-Up Callable Notes with a scheduled maturity in 2052 and (ii) SGD 350 million Guaranteed Subordinated Fixed Rate Reset Callable Notes with a scheduled maturity in 2035.

Bär & Karrer advised Swiss Re both in relation to the update of the programme and the issuance of the notes. The team included Roland Truffer, Alexander von Jeinsen and Annette Weber (all Capital Markets and Banking & Insurance) as well as Susanne Schreiber, Kerim Tbaishat and David Weimann (all Tax).

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