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AXA: E750m bond issue

(CercleFinance.com) - Yesterday AXA announced the placement, with institutional investors, of E750m Reg S senior unsecured bonds, due in 2034.


The settlement date for the Bonds is 31 May 2024 at an annual fixed rate of 3.375%.

The bonds are expected to be rated A+ by Standard & Poor's and A1 by Moody's.

The issue is part of the AXA group's financing plan for 2024. The proceeds of the issue will be allocated to the financing of the AXA group's general corporate purposes, including the refinancing of a portion of the AXA Group's existing debt.


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