Generali: early redemption of perpetual notes (ISIN XS0406159623)

13 November 2018 - 18:31

Trieste – Assicurazioni Generali S.p.A. (the Issuer) will exercise the early redemption option to redeem, on 19th December 2018, all outstanding perpetual notes of the series whose details are set out below (the Notes):

  • Description of the Notes: EUR 100,000,000 7.898% Perpetual Fixed/Floating Rate Notes issued on 19th December 2008 by Assicurazioni Generali S.p.A.;
  • ISIN: XS0406159623;
  • First Call Date: 19th December 2018;
  • Coupon: 7.898%;
  • Redemption price: 100%;

The early redemption option will be exercised in respect of all outstanding Notes in accordance with the relevant terms and conditions and has been approved by Istituto per la Vigilanza sulle Assicurazioni (IVASS).

Generali Group

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Generali is one of the largest integrated insurance and asset management groups worldwide. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 95.2 billion and € 863 billion AUM in 2024. With around 87,000 employees serving 71 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

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