Tag Archives: Tier 1 Notes

AXA Completes Euro 1.5 Billion Placement of Restricted Tier 1 Notes to Institutional Investors

(IN BRIEF) AXA has successfully placed Euro 1.5 billion of Restricted Tier 1 Notes with institutional investors, meeting Solvency II requirements. The initial fixed interest rate is 6.375% per annum until January 16, 2034, after which it resets every five … Read the full press release