Posts Tagged ‘ insurance ’

Rare Danica Eu500m sub amid elevated insurance levels

Sep 25th, 2015

Danske life insurance subsidiary Danica launched its first new bond issue since 2006 on Monday, a Eu500m (Dkr3.73bn) 30 year non-call 10 subordinated transaction that sold out at a level reflecting the challenging market conditions prevailing in credit markets this week.

KLP in rare Eu600m Tier 2 Norwegian insurance issue

Jun 5th, 2015

Kommunal Landspensjonskasse (KLP) sold a Eu600m 30 year non-call 10 Tier 2 transaction on Tuesday that, according to an official at the issuer, is its first bond issue in nine years and the largest ever from a Norwegian life insurance company in the international markets.

Finland’s Sampo Oyj sells Eu500m 7s

Sep 12th, 2014

Sampo Oyj, parent company of the Finnish financial conglomerate, sold a Eu500m seven year bond issue on Tuesday, its first euro benchmark since February 2012, and met with strong demand.