Allianz plans issue of perpetual subordinated callable bonds; pricing expected Tuesday

By Andrea Heisinger

Omaha, June 2 - Allianz SE announced an offering of undated subordinated callable bonds on Monday, with pricing expected Tuesday, a source close to the issue said.

The bonds will be callable after June 2013.

Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Inc. are bookrunners.

Co-managers are Morgan Stanley & Co., Inc., UBS Investment Bank, Wachovia Securities, Banc of America Securities LLC, RBC Capital Markets, Deutsche Bank Securities Inc. and HSBC Securities.

The financial services provider is based in Munich, Germany.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.