Swiss Life has placed a EUR 500 million senior bond. The bond, carrying a 3.75% coupon and maturing in 2035, was placed with European investors. Swiss Life Holding guarantees the bond, and the proceeds will be used for general corporate purposes, including potential refinancing of existing debt.
The joint lead managers were BNP Paribas, J.P. Morgan, Natixis and UBS Europe. UBS also served as principal paying agent on the issuance.
Swiss Life, listed on SIX Swiss Exchange, provides comprehensive life insurance, pension and financial solutions for both private and corporate clients.