Generali to present to the financial community in London

Generali to present to the financial community in London

(PRESS RELEASE) LONDON, 24-May-2019 — /EuropaWire/ — Generali will host an event for the financial community today in London.

At the event Exploring Generali, a new financial market stress scenario which confirms the solidity of the Group capital position will be presented.

As part of the debt reduction target included in the Generali 2021 strategic plan, The company will also announce its decision to not refinance €1.25 billion of senior debt maturing in January 2020. This decision, combined with the already announced reduction of €250 million subordinated debt in 2019, will enable the Group to secure already in 2020 the low end of the targeted debt reduction announced in November 2018.

At the event, Frédéric de Courtois, General Manager, Cristiano Borean, Group Chief Financial Officer, Jaime Anchùstegui, CEO International, and Luciano Cirinà, Austria, CEE & Russia Regional Officer and CEO of Generali CEE Holding B.V. will be presenting.

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SOURCE: Generali



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