AXA places €750 million of subordinated notes due 2057 with 5.375% initial coupon
By IAN Editorial Desk
News date: 4 November 2026Published 5 November 2026·1 min read
Primary source: axa.com
AXA says the notes qualify as Solvency II Tier 2 capital and expects settlement on 6 November.
AXA announced the placement of €750 million of Reg S subordinated notes due 2057 with institutional investors on 4 November 2026. AXA said the proceeds will be used for general corporate purposes, including refinancing part of its outstanding debt.
AXA expects settlement on 6 November. Under the announced terms, the notes will pay a fixed annual interest rate of 5.375%…
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