RSA to keep sterling insurance supply high and rising

RSA_Insurance_Alamy_230x150_190819
By Tyler Davies
19 Aug 2019

RSA Insurance Group is looking at selling a new senior bond in sterling, as investors in the UK currency look forward to a bumper year for issuance from the insurance sector.

RSA was speaking with investors on Monday about the possibility of launching a new five year senior unsecured bond in a benchmark size of £250m or more.

The UK insurance company has hired Citi and HSBC to arrange the transaction, which it said would be “subject ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial