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ALV Allianz AG

268.90
2.20 (0.82%)
02 May 2024 - Closed
Realtime Data
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

Allianz Places EUR1.5 Billion Subordinated Bond With Institutional Investors

31/03/2015 8:58am

Dow Jones News


Allianz (TG:ALV)
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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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