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SCOR Global Goebenstraße 1 50672 Köln, Germany http://www.scor.com/
Contact Ms Marie-Laurence Bouchon +33 1 58 44 76 10
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SCOR Global

SCOR successfully places EUR 500 million dated subordinated notes

(PresseBox) (Köln, )
SCOR has successfully placed a dated subordinated notes issue on the Euro market in the amount of EUR 500 million.

It is currently SCOR's intention to use the proceeds for general corporate purposes. Moreover, SCOR confirms its current intention, subject to market conditions, to redeem the balance of the EUR 350 million and CHF 650 million undated subordinated note lines, callable in July and August 2016 respectively, using the proceeds of the EUR 250 million and EUR 600 million subordinated notes issues of 2014 and 2015 respectively.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.