Bond issue details
| Issuer | Sava Re d.d. |
| Type | subordinated (Tier 2), issued under Solvency II |
| Rating of the issue | BBB+ (S&P) |
| Issue size | €75,000,000 |
| Denomination | €100,000 |
| Re-offer price | 99.998% |
| Redemption price | 100.00% |
| Coupon p.a. up to first call date | 3.75% |
| Coupon p.a. after first call date | 3-month Euribor + 4.683% (equal to the original issue spread 368.3bps plus 100bps step-up) |
| Final maturity date | 07/11/2039 |
| First call date | 07/11/2029 |
| Listing | Luxembourg Stock Exchange |
News
3 March 2023
Unaudited results 2022: Sava Insurance Group generates pre-tax profit of €84m
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, makes the...
16 January 2023
Announcement of change entered in register of companies
In accordance with the rules of the Ljubljana Stock Exchange d.d., Ljubljana, and applicable legislation, Sava Re d.d., Ljubljana, makes the following announcement:...
22 December 2022
Strategy for 2023–2027 and Business Plan for 2023
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, 1000 Ljubljana, makes...