SCOR annonce le placement avec succès de 500 millions d’euros d’obligations subordonnées venant à échéance en 2056

SCOR successfully placed €500 million of subordinated bonds maturing in 2056 with institutional investors. The bonds carry a fixed interest rate of 4.510% annually until June 2036, then convert to variable rate (EURIBOR 3M + margin). The proceeds will fund general group needs and a concurrent tender offer to repurchase €250 million and €500 million of existing subordinated bonds maturing in 2047 and 2048 respectively.