Sava Re bonds issued
| Type | Tier 2 Subordinated bond (Solvency II compliant) | Tier 3 Subordinated bond (Solvency II compliant) |
|---|---|---|
| ISIN code | XS2063427574 | XS2884012332 |
| Issued | 2019 | 2024 |
| Denomination (EUR) | 100,000 | 100,000 |
| Issue size (EUR) | 75,000,000 | 50,000,000 |
| Number of bonds issued | 750 | 500 |
| Currency | EUR | EUR |
| Coupon rate | Fixed rate of 3.75% p. a. | Fixed rate of 5.20% p. a. |
| Coupon rate p. a. after first call date | 3-month Euribor + 4.683% (equal to the original issue spread of 368.3 bps plus 100 bps step-up) | / |
| First call | 7 November 2029 | / |
| Maturity | 7 November 2039 | 4 October 2029 |
| Maturity in years | 20 | 5 |
| Status | tier 2 subordinated bond | tier 3 subordinated bond |
| Listing | Luxembourg Stock Exchange | Luxembourg Stock Exchange |
| Issue rating | BBB+ (S&P) | BBB+ (S&P) |
| Prospectus | PROSPECTUS 2019 | PROSPECTUS 2024 |
| Issue rating | Credit rating | Credit rating |
News
9 April 2025
Notice of 41st general meeting of shareholders
Pursuant to the rules of the Ljubljana Stock Exchange and applicable regulations, the management board of Sava Re d.d. hereby calls the 41st general meeting of...
7 April 2025
Notification of change in major holdings
In accordance with Article 147 of the Market in Financial Instruments Act (Official Gazette of the Republic of Slovenia, No. 77/18, 17/19 – corrected, 66/19,...
4 April 2025
Annual Report of the Sava Insurance Group and Sava Re d.d. for 2024
Pursuant to the rules of the Ljubljana Stock Exchange and applicable legislation, Sava Re d.d., Dunajska 56, 1000 Ljubljana, makes the following announcement: At...