CNP Assurances to Redeem €300 Million Subordinated Notes Early

CNP Assurances has announced the early redemption of its €300 million subordinated notes with ISIN FR0010093328, originally issued on June 4, 2004. This financial instrument is a perpetual floating-rate subordinated bond. The redemption will take place on March 23, 2026, covering all outstanding notes as per the terms in the offering circular dated September 24, 2004.

The decision follows the notes' ineligibility as Tier 1 regulatory capital since January 1, 2026, under the Solvency II Directive. CNP Assurances aims to optimize its capital structure in line with its growth plans and market opportunities.

For more details, the terms and conditions of this offering are accessible on CNP Assurances' website.