Allianz Plans 30-Year Euro Subordinated Bond Issue
09 October 2012 - 7:43PM
Dow Jones News
By Ben Edwards
German insurance and financial services group Allianz SE
(ALV.XE) is planning a benchmark-size, euro-denominated, 30-year
subordinated bond, one of the banks running the deal said
Tuesday.
Initial price thoughts are 412.5 basis points over midswaps.
Citigroup Inc., Commerzbank AG, HSBC Holdings PLC and Societe
Generale SA are the lead managers of the sale.
Write to Ben Edwards at ben.edwards@dowjones.com