Generali to break open green bond market for European insurers

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 ...

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