WBAG:VIGInsurance
Vienna Insurance Group (WBAG:VIG) Valuation Check After Early Redemption Plan For 2046 Subordinated Notes
Vienna Insurance Group (WBAG:VIG) has announced plans to redeem its subordinated notes due 2046 in March 2026. The redemption will cover a remaining nominal amount of €154,446,000 at par plus accrued interest.
See our latest analysis for Vienna Insurance Group.
The decision to redeem subordinated notes comes after a strong 90 day share price return of 47.75% and a 1 year total shareholder return of 117.26%. However, the year to date share price return of a 3.24% decline suggests some of that...