Tryg Forsikring explores secondary market purchases of tier 1 notes

Chicago, March 6 – Tryg Forsikring A/S is exploring purchasing some or all of its SEK 700 million outstanding floating-rate perpetual restricted tier 1 capital notes (ISIN: DK0030418249) on the secondary market, according to a press release.

The company is also working to sell a new offering of tier 1 perpetual notes (Baa3).

The potential buyback is conditional on the successful offering of the new notes.

Tryg Forsikring is a Scandinavian insurance company based in Ballerup, Denmark.

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