QBE Insurance Group Limited (AU:QBE) has released an update.
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QBE Insurance Group Limited has announced a proposal to issue AUD Floating Rate Subordinated Notes as part of its capital management strategy. This issuance aims to bolster the company’s Tier 2 capital, with specific pricing and details to be revealed later, contingent on market conditions. This move is part of QBE’s ongoing efforts to strengthen its financial foundations.
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