Swiss Life Places EUR 600 Million Hybrid Bond

Swiss Life Holding AG has successfully placed a EUR 600 million hybrid bond in the European market. The bond, with a final maturity set for 2046, is first callable in 2036 and offers a 4.75% coupon. The proceeds from this placement are earmarked for general corporate purposes, which may include future debt refinancing.

The announcement clarifies that the bonds have already been placed and emphasizes that it is neither an offer nor a solicitation for further investment. It also provides details about jurisdictions where the offer is not applicable, such as the United States, Canada, Japan, and Australia.

Swiss Life, a leading provider of life and pensions solutions, continues to strengthen its financial strategy through such important market operations.