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Published on 11/8/2016 in the Prospect News Liability Management Daily.

CNP Assurances to redeem undated junior fixed-to-floaters on Dec. 22

By Tali Rackner

Norfolk, Va., Nov. 8 – CNP Assurances plans to redeem the entire amount outstanding under its €1.25 billion undated junior subordinated fixed- to floating-rate notes, according to a notice.

The notes will be redeemed at par plus accrued interest on Dec. 22.

CNP Assurances is Paris-based insurance company.


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