Accueil > Actualité
Actualite financiere : Actualite bourse

CNP Assurances: successful Tier 3 notes issue

(CercleFinance.com) - CNP Assurances has announced a successful bond issue totaling 500 million euros maturing on 8 March 2028 and bearing a fixed interest of 0.
375%, in an issue that was oversubscribed to three times, having been placed with nearly 90 investors.

"The notes qualify as Tier 3 capital under Solvency II. Its cost is the lowest ever paid for hybrid capital by a financial institution in Europe," the insurance company said.

This Tier 3 bond is a less risky instrument for investors than a Tier 2 bond. The issue ensures that the Group has the funds in place for its upcoming debt maturities.


Copyright (c) 2020 CercleFinance.com. All rights reserved.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.