Achmea woos real money with hybrid

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Achmea woos real money with hybrid

Dutch Insurer Achmea BV launched a subordinated deal on Tuesday, the first from a Dutch issuer after the nationalisation of SNS Reaal wiped out that borrower’s subordinated bondholders. But Achmea had no problems convincing investors to participate in its €500m no-grow transaction, which attracted over €3bn of orders.

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