SCOR successfully places EUR 500 million subordinated notes maturing in 2056

SCOR SE has successfully completed the placement of EUR 500 million Fixed to Floating Rate Subordinated Notes maturing in 2056, eligible as Tier 2 regulatory capital under Solvency II. The notes carry an initial fixed rate of 4.510% per annum until June 2036, then convert to a floating rate. The proceeds will be used for general corporate purposes and to finance a concurrent tender offer for existing subordinated notes. Settlement is expected on June 5, 2026.