Investors pile in for Munich Re, Swiss Re
Hefty oversubscription has allowed Swiss Re and Munich Re to bring in pricing substantially from initial guidance levels. Swiss Re is set to size its innovative perpetual capital instrument at $750m early on Thursday afternoon, a day after Munich Re printed a dual tranche €900m and £450m 30 year non-call 10 trade.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts