Vienna Insurance Group Places EUR 400 Million Bond Issue

Businessn.a. ♦ Published: February 18, 2015; 18:00 ♦ (Vindobona)

Vienna Insurance Group AG Wiener Versicherung Gruppe placed a subordinated bond with a volume of EUR 400 million with institutional investors.

Vienna Insurance Group places EUR 400 million bond issue / Picture: © Vienna Insurance Group / Robert Newald

Retail investors may also invest into this subordinated bond issue of VIG via their custodians.

The subscription period for retail investors starts 24 February 2015 and will presumably end on 26 February 2015.

The subordinated bond has a maturity of 31 years and will have a first regular call date in year 11.

• Coupon: 3.75 percent p.a. for 11 years and floating…