BIT:GInsurance
How Generali’s New Subordinated Notes and Perpetual Redemption Will Impact Assicurazioni Generali (BIT:G) Investors
Assicurazioni Generali S.p.A. recently completed a €650,000,000 Euro MTN offering of 4.126% subordinated notes due January 14, 2026, while also electing to redeem its outstanding GBP 350,000,000 6.269% perpetual fixed/floating rate notes on February 5, 2026 under the Solvency II regulatory framework.
Together, the new subordinated notes and the planned redemption of legacy perpetual debt highlight Generali’s active approach to refining its capital structure and aligning funding instruments...