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<a href="http://www.accessmylibrary.com/coms2/summary_0286-15431536_ITM" title="Facts and information about News - Swiss Re funding for GEIS purchase on track to go forward.">News - Swiss Re funding for GEIS purchase on track to go forward.</a>
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News - Swiss Re funding for GEIS purchase on track to go forward.
(From Reinsurance)
Swiss Re has stated that it is on track to complete its external financing for the acquisition of GE Insurance Solutions (GEIS) with the successful placement of $2bn equivalent of hybrid capital securities.
Swiss Re priced its offerings of $2bn of hybrid capital securities, comprising a EUR1bn tranche and a $50m tranche of subordinated step-up preferred securities. Strong demand by institutional ...
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