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Swiss Life Places EUR 500 Million Senior Bond in European Market

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Swiss Life Places EUR 500 Million Senior Bond in European Market

Swiss Life Holding AG ( (CH:SLHN) ) has issued an update.

Swiss Life Holding AG has successfully placed a senior bond worth EUR 500 million in the European market, with a maturity until 2035 and a coupon of 3.75%. The proceeds from this bond will be used for general corporate purposes, including potential refinancing of existing instruments, which could impact the company’s financial flexibility and market positioning.

More about Swiss Life Holding AG

The Swiss Life Group is a leading European provider of comprehensive pension and financial solutions. It operates in core markets such as Switzerland, France, and Germany, offering private and corporate clients a wide range of products through its agents and distribution partners. Swiss Life also provides investment and asset management solutions and supports multinational companies with employee benefits solutions. The company, based in Zurich, employs around 11,000 people and has a distribution network with approximately 17,000 advisors.

YTD Price Performance: 13.69%

Average Trading Volume: 31

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $24.84B

Find detailed analytics on SLHN stock on TipRanks’ Stock Analysis page.

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