Generali to break open green bond market for European insurers

Generali_Tower_Alamy_230x150_160919
By Tyler Davies
16 Sep 2019

Assicurazioni Generali is set to become the first European insurance company to sell a green bond, after unveiling plans on Monday to raise up to €750m of tier two capital for green investments.

The Italian insurer said that it would open books on an 11 year bullet tier two after wrapping up a tender offer for three of its existing subordinated bonds.

Investors can either swap their holdings in its £495m 6.415% February 2022 tier one, €750m 10.125% July 2022 tier ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.