Helvetia redeems hybrid bond

Helvetia Holding AG / Key word(s): Financing Helvetia redeems hybrid bond 23.11.2022 / 07:00 CET/CEST Media release St.Gallen, 23 November 2022

Helvetia redeems a hybrid bond with a volume of CHF 300 million today.

Helvetia has exercised its option to redeem a hybrid bond in the amount of CHF 300 million at par plus accrued interest on the first call date on 23 November 2022. The bond with a coupon of 3.00 percent was issued by Helvetia Schweizerische Versicherungsgesellschaft AG in 2015.  

Analysts Rachael Burri Investor Relations Manager Phone: [phone] [e-mail]

Media Jonas Grossniklaus Head of Media Relations Phone: [phone] [e-mail]

About the Helvetia Group
Helvetia Group, with its headquarters in St. Gallen, has grown since 1858 to become a successful insurance group with over 12,000 employees and more than 7 million customers. It has been enabling its customers to seize opportunities and minimise risks for all that time – Helvetia is there for them when it matters. Helvetia is the best partner and is present everywhere that protection needs arise, with insurance, pension and investment solutions from a single source as well as simple products and processes. The insurance group knows the business, from mobile phone insurance and insurance cover for the Gotthard Base Tunnel to the longterm investment of customer assets. Helvetia develops and opens up new business models with enthusiasm and drives forward its own business in a powerful and future-oriented manner. It acts with foresight and responsibility in everything it does: for the benefit of its shareholders, customers and employees as well as its partners, society and the environment.