Allianz SE has placed a subordinated bond in an aggregate principal amount of 1.0 billion euros with institutional investors in Europe. The bond has a scheduled maturity in September 2049 and is callable at the option of the issuer from September 2029. The coupon is fixed at 1.301% per annum until September 2029. Thereafter, bondholders will receive a floating rate coupon. Coupon payments and redemption are subject to certain conditions and may be deferred. The bond is listed on the Luxembourg Stock Exchange. Settlement occurred on September 25, 2019.
Allianz Finance II B.V. bought back an aggregate principal amount of 904.2 million euros of its 2.0 billion euros 5.75% subordinated bond via a tender offer. 1,095.8 million euros remain outstanding. The bond has a scheduled maturity in 2041 and ordinary call rights of the issuer from July 2021.
This announcement and the information it contains are not being issued and may not be distributed in the United States of America. This announcement does not constitute an offer of securities for sale in the United States of America or to, or for the account or benefit of, any U.S. person or in any other jurisdiction. The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States of America or any other jurisdiction absent registration or an applicable exemption from registration.
This announcement does not constitute an offer of securities or an invitation to participate in the buy-back of securities in any jurisdiction. The placement of the securities has been concluded and the buy-back has been closed.
As with all content published on this site, these statements are subject to our Forward Looking Statement disclaimer.