Corporate News

Talanx places senior benchmark bond with a volume of EUR 500 million

Talanx AG today successfully placed a senior unsecured bond with a volume of EUR 500 million. The bond was issued primarily to international and domestic institutional investors. The book was substantially oversubscribed. The euro-denominated bond carries a fixed coupon of 2.50 percent and matures on 23 July 2026. The bond issue allows for sustainably low funding costs. It is envisaged that the cash inflow will be used principally for the reduction of credit lines and it allows a possible early redemption of existing bonds.


Disclaimer

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.