QBE Insurance Group Announces Proposed Subordinated Notes Issuance

An update from QBE Insurance Group Limited ( (AU:QBE) ) is now available.

QBE Insurance Group Limited has announced a proposed issuance of AUD Floating Rate and/or Fixed-to-Floating Rate Subordinated Notes as part of its ongoing funding and capital management strategy. This move aims to bolster QBE’s Tier 2 capital, with further details on pricing and issuance conditions to be announced later, reflecting the company’s strategic approach to maintaining financial stability and market competitiveness.

The most recent analyst rating on (AU:QBE) stock is a Buy with a A$20.10 price target. To see the full list of analyst forecasts on QBE Insurance Group Limited stock, see the AU:QBE Stock Forecast page.

More about QBE Insurance Group Limited

QBE Insurance Group Limited is a prominent player in the insurance industry, offering a range of insurance products and services. The company focuses on providing comprehensive insurance solutions and has a significant presence in global markets.

Average Trading Volume: 4,086,497

Technical Sentiment Signal: Buy

Current Market Cap: A$33.95B

See more data about QBE stock on TipRanks’ Stock Analysis page.