QBE raises $500m of AT1 for Covid coverage

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QBE raises $500m of AT1 for Covid coverage

Tyler Davies
May 04, 2020 12:00 pm
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QBE signage is seen outside their office in Melbourne on Monday 26 February 2018. (AAP Image/Luis Enrique Ascui) | Luis Enrique Ascui/AAP/PA Images

QBE sold $500m of additional tier one debt in the dollar market this week, as it sought to shield itself from the financial impact of the coronavirus pandemic.

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JP MorganHealth and BiotechOceaniaUKCitiAustraliaEMEACoronavirusBank CapitalAsia PacificEuropeRegulatory CapitalHSBCSRIFIG
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Tyler Davies
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