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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Allianz AG | TG:ALV | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
2.20 | 0.82% | 268.90 | 268.40 | 269.00 | 269.30 | 266.80 | 267.80 | 80,332 | 20:59:38 |
FRANKFURT--Allianz SE (ALV.XE), Europe's biggest insurer by market value, said Tuesday it has placed a EUR1.5 billion ($1.63 billion) subordinated bond with institutional investors in Europe.
The bond, with a 2.241% fixed annual coupon, has a 30-year maturity but will allow Allianz to call it from 2025 onward. After 2025, bondholders will receive a floating coupon. The bond will be listed on the Luxembourg Stock Exchange. Settlement is scheduled for April 9, 2015.
Write to Ulrike Dauer at ulrike.dauer@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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