Delta Lloyd eyes sub deal

18 May 2012

Delta Lloyd Life is meeting investors in the coming days with an eye to a debut subordinated transaction.

The Dutch insurer mandated Barclays, Morgan Stanley and Rabobank on May 11 for a series of investors meetings, which began on Thursday and run until Tuesday, taking in London, Paris, Frankfurt and Zurich.

Delta Lloyd Life is looking to the bond market to refinance a subordinated loan.

The ...

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