Insurance Post

Swiss insurer refinances bond with new issue

switzerland

Swiss insurance group Helvetia Holding today issued a bond with a volume of CHF 150m and a term of three years.

Helvetia said it is using the issue to refinance a bond that matures on 5 May 2010 while capitalising on the favourable market conditions.

The annually payable coupon has a fixed rate of 1.75 per

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