Sava Re bonds issued

Type Tier 2 Subordinated bond (Solvency II compliant) Tier 3 Subordinated bond (Solvency II compliant)
ISIN code XS2063427574 XS2884012332
Issued 2019 2024
Denomination (EUR) 100,000 100,000
Issue size (EUR) 75,000,000 50,000,000
Number of bonds issued 750 500
Currency EUR EUR
Coupon rate Fixed rate of 3.75% p. a. Fixed rate of 5.20% p. a.
Coupon rate p. a. after first call date 3-month Euribor + 4.683% (equal to the original issue spread of 368.3 bps plus 100 bps step-up) /
First call 7 November 2029 /
Maturity 7 November 2039 4 October 2029
Maturity in years 20 5
Status tier 2 subordinated bond tier 3 subordinated bond
Listing Luxembourg Stock Exchange Luxembourg Stock Exchange
Issue rating BBB+ (S&P) BBB+ (S&P)
Prospectus PROSPECTUS 2019 PROSPECTUS 2024
Issue rating Credit rating Credit rating

News

12 June 2025

Notification of managers' transactions in POSR shares

Pursuant to the rules of the Ljubljana Stock Exchange, Ljubljana, and the Market in Financial Instruments Act, Sava Re d.d., Dunajska 56, 1000 Ljubljana (also the...

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11 June 2025

S&P upgrades Sava Re and Zavarovalnica Sava to 'A+', outlook stable

Pursuant to the rules of the Ljubljana Stock Exchange d.d., Ljubljana, and the Market in Financial Instruments Act, Sava Re d.d., Dunajska 56, Ljubljana...

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26 May 2025

Resolutions of the 41st general meeting of Sava Re: voting results

In accordance with the rules of the Ljubljana Stock Exchange, Ljubljana, and applicable legislation, Sava Re d.d., Ljubljana, announces the resolutions...

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