MAPFRE issues 500 million euros in subordinated debt

Oct 15, 2018 | News, Noticias

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MAPFRE has successfully completed a placement of 30-year subordinated bonds, with a call option at 10 years, for a total of 500 million euros. The funds raised by this operation will serve to further strengthen the Group’s financial flexibility, in addition to diversifying its sources of financing. This is the first issuance of this kind by a European insurer since last June.

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