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Prospect News home > News index > List of issuers Tenders > Headlines for 2017 > News item
Published on 4/21/2017 in the Prospect News Liability Management Daily.

Munich Re calls its €1.35 billion 5.767% undated fixed-to-floaters

By Susanna Moon

Chicago, April 21 – Munich Reinsurance Co. (Muenchener Rueckversicherungs-Gesellschaft AG) exercised the call option for its €1,349,050,000 of outstanding of 5.767% undated subordinated fixed-to-floating bonds.

The notes will be redeemed on June 12 at par plus accrued interest to the redemption date, according to a notice by Deutsche Bank AG.

The insurance and reinsurance company is based in Munich.


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