Allianz issues €1.5bn senior bond

by Gill Montia

Story link: Allianz issues €1.5bn senior bond

Allianz has completed a €1.5 billion fundraising with the issue of a senior bond.

Listed on the Luxembourg Stock Exchange, the senior bond has a maturity of ten years and a fixed coupon of 3.5%.

Guaranteed by Allianz SE, it was issued yesterday by the group’s Dutch financing subsidiary, Allianz Finance II B.V, and sold to institutional investors.