Zurich attracts strong demand on dollar sub debt return

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Zurich attracts strong demand on dollar sub debt return

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A logo sign outside of a facility occupied by the Zurich Insurance Group in Munich, Germany, on September 2, 2018. (Photo by Kristoffer Tripplaar/Sipa USA) | Kris Tripplaar/SIPA USA/PA Images

Zurich Insurance Company attracted plenty of demand in dollars on Tuesday, as it sold first subordinated dollar trade in over two years — a deal that could fund its acquisition of Metropolitan Life’s US property and casual business.

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