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ALIZF Allianz Ag Muenchen Namen (PK)

290.128
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 290.128 284.30 288.90 0.00 12:47:04

Germany's Allianz Places CHF500 Million In Subordinated Debt In Switzerland

23/01/2014 3:19pm

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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From Jul 2019 to Jul 2024

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Allianz SE (ALV.XE) Thursday said it has placed CHF500 million ($678 million) in subordinated debt with investors in Switzerland.

MAIN FACTS:

-The bond is undated; ordinary call rights start in July 2019.

-The annual coupon of 3.25% is fixed until July 2019.

-Thereafter the coupon will be reset every five years based on the then-prevailing 5-year-swap rate plus a margin of 2.573% annually.

-Coupon payments will be subject to certain conditions and can be deferred.

-Listing on the SIX Swiss Exchange in Zurich is intended.

-Settlement is expected for Feb. 4, 2014.

-Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Allianz Ag Muenchen Namen (PK) Chart

1 Year Allianz Ag Muenchen Namen (PK) Chart

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1 Month Allianz Ag Muenchen Namen (PK) Chart