Helvetia redeems hybrid bond

Helvetia Holding AG / Key word(s): Bond Helvetia redeems hybrid bond 17.09.2024 / 07:00 CET/CEST Media release St.Gallen, 17 September 2024

Helvetia has decided to redeem a CHF 225 million hybrid bond on its first optional redemption date on 17 October 2024. 

Helvetia has decided to exercise its option to redeem the CHF 225 million hybrid bond with ISIN CH0255893098 on its first optional redemption date. The redemption will be at par plus accrued interest on 17 October 2024.

The bond was issued by Helvetia Schweizerische Versicherungsgesellschaft AG in 2014 and currently bears a yearly coupon of 4.00%. 

Analysts Philipp Schüpbach Head of Investor Relations Phone: [phone] [e-mail]

Media Jonas Grossniklaus Head of Corporate Communications 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 13,800 employees and more than 7.2 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 long-term 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.