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Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.

Swiss Re Completes Two New Hybrid Securities Offerings

Swiss Re completed an offering of $1 billion Guaranteed Subordinated Fixed Rate Reset Step-up Callable Notes with a scheduled maturity in 2049 and €750 million Guaranteed Subordinated Fixed Rate Reset Step-up Callable Notes with a scheduled maturity in 2049. These securities were issued by a Swiss Re finance subsidiary and were guaranteed by Swiss Reinsurance Company Ltd. Altogether, we have represented Swiss Re in at least 35 offerings of equity, senior debt, perpetual subordinated debt and dated subordinated debt securities, excluding its annual $10 billion debt issuance program that we first worked on in 2001 and update annually.

The Paul, Weiss team representing Swiss Re on the two recent offerings included London-based partner Mark Bergman, with assistance provided by tax partner David Mayo.

April 15, 2019

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