Swiss Life SFr 600 million hybrid bond issue

3/3/2018
Convertible and hybrid securities, Investment grade bond/note issue

SFr 600 million

$ 607.004 million

Completed

3/3/2018


Overview:

  • Insurance company Swiss Life has undertaken SFr600 million hybrid bond issue.
  • The placement came in two tranches: a SFr425 million 2% perpetual subordinated bond due 2024 and a SFr175 million 2.625% subordinated bond due 2048.

Rajeeb Gurung - Researcher

Jurisdiction:

Switzerland

Deal types:

Convertible and hybrid securities
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Insurance


Firm:

Party: Swiss Life (Issuer)