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VIG to Issue Subordinated Bond
Vienna Insurance Group successfully launched a subordinated bond.
VIG to Issue Subordinated Bond / Picture: © Vienna Insurance Group / Votava
• Issue size: EUR 500 million
• Maturity: 30 years
• Coupon: 5.5 percent p.a. fix for 10 years and floating thereafter
Vienna Insurance Group has successfully launched a subordinated bond with a volume of EUR 500 million with institutional investors in Europe. The order book exceeded EUR 2.5 billion and therefore the offer was more than four times…
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