Generali exercises the early redemption option in respect of perpetual subordinated notes

22 December 2021 - 18:55

Trieste – Assicurazioni Generali S.p.A. (the “Issuer”) will exercise the early redemption option (call date 8th February 2022) in respect of all outstanding perpetual subordinated notes, the details of which are set out below:

Description of the Notes: £ 495,000,000 6.416 per cent. Perpetual Fixed/Floating Rate Notes issued by Assicurazioni Generali S.p.A.

ISIN: XS0283627908

First Call Date: 8th February 2022

Coupon: 6.416% (to and excluding 8th February 2022)

Current outstanding principal amount: £ 167,150,000

Redemption price: 100%

Listing: Luxembourg Stock Exchange

Early redemption of the perpetual subordinated notes will take place on 8th February 2022 in accordance with the relevant terms and conditions and has been approved by Istituto per la Vigilanza sulle Assicurazioni (IVASS) and will take place in respect of all outstanding notes.