Insurance Australia Group sold A$500 million of perpetual reset exchangeable securities (RES) that it can exchange into perpetual preference shares that will count as Tier 1 regulatory capital.
UBS, KPMG and Mallesons
UBS Investment Bank
Please take a trial or subscribe to access this content.
Contact Mark Goodes to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email firstname.lastname@example.org to discuss your requirements.