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
14 September 2021
Standard & Poor’s affirms “A” ratings on Sava Re and Zavarovalnica Sava, 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 makes the...
24 August 2021
Notification of managers’ transactions in POSR shares
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 (also...
20 August 2021
Corporate Governance Policy of Sava Re d.d.
Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and the Market in Financial Instruments Act, Sava Re, d.d., Ljubljana hereby announces the...