The bond will have no scheduled maturity, but will provide for ordinary call rights of Allianz starting 2018. The coupon of 5.5 percent per annum is payable semi-annually and is fixed for the entire term of the bond. Coupon payments will be subject to certain conditions and may be deferred.
Listing on the Luxembourg Stock Exchange is intended. The issuance of the bond is expected to occur on November 28, 2012.