Tryg Forsikring A/S mandates Perpetual Restricted Tier 1 Capital Notes transaction

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Tryg Forsikring A/S mandates Perpetual Restricted Tier 1 Capital Notes transaction

Tryg Forsikring A/S, rated A1 by Moody’s, has mandated Danske Bank and Nordea as Joint Lead Managers to arrange a series of virtual investor meetings in the Nordics on Monday and Tuesday 22-23 February 2021, with a view to arranging a SEK 1bn (no grow) Perpetual Restricted Tier 1 Capital Notes transaction (the "Transaction") with a target of 5 years to first call, subject to market conditions. The notes are expected to be rated Baa3 by Moody’s and will feature a principal write-down loss absorption mechanism with a discretionary reinstatement condition.

MIFID II product governance / Professional investors and eligible counterparties only target market / No PRIIPs KID: The target investors of the Notes are only eligible counterparties and professional clients (all distribution channels). No packaged retail and insurance-based investment products ("PRIIPs") key information document ("KID") has been prepared as the Notes are not available to retail investors in the European Economic Area or the United Kingdom.

Additional information:
For further information, visit tryg.com or contact:

Investor Relations Officer, Gianandrea Roberti at [phone] or [e-mail]  
Investor Relations Manager, Peter Brondt at [phone] or [e-mail] 

This announcement is for information purposes only and is not intended to, and does not, constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities, or the solicitation of any vote or approval in any jurisdiction pursuant to the Transaction or otherwise in any jurisdiction in which such offer, invitation or solicitation is unlawful.

This announcement does not constitute a prospectus, prospectus equivalent document or an exempted document.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 (the "US Securities Act"), as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.