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
22 October 2020
Organised collection of proxy forms for exercise of voting rights at general meeting
Pursuant to the rules of the Ljubljana Stock Exchange d.d., Ljubljana, the management board of Sava Re d.d. makes the following announcement regarding the...
16 October 2020
AM Best affirms A-level credit ratings of Save Re d.d.; 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...
14 October 2020
Notice of 37th general meeting of shareholders
Pursuant to the rules of the Ljubljana Stock Exchange d.d., Ljubljana, and applicable regulations, the management board of Sava Re d.d. hereby calls the 37th...