Zurich Insurance Group (Zurich) announced the successful placement of USD 750 million of dated subordinated notes (the “Notes”).
The Notes, which will mature in November 2055 and are first callable in May 2035, will be issued by Zurich Finance (Ireland) II DAC. The annual coupon is fixed at 6.25 % until November 2035.
The transaction was targeted at European and Asian institutional investors and has been conducted for general corporate purposes.
