Corporate News

Talanx: subsidiary company HDI-Gerling Industrie Versicherung AG pays back subordinated bond early

HDI-Gerling Industrie Versicherung AG will repay at the earliest possible date the subordinated bond (ISIN: XS0198106238, WKN: A0BVPF) issued in 2004 by one of its predecessor companies, Gerling-Konzern Allgemeine Versicherungs-AG, with a term until 2024.

The bonds with a total nominal amount of EUR 250 million and a coupon of 7.0% will be repaid in full at the nominal amount of EUR 1,000 plus the accrued interest on 12 August 2014.


This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.