QBE Insurance Group Proposes to Issue Australian Dollar-Denominated Subordinated Notes

MT Newswires Live

2025/05/14

QBE Insurance Group (ASX:QBE) said it plans to offer Australian dollar-denominated floating rate or fixed-to-floating rate subordinated notes under its notes issuance program, according to a filing with the Australian bourse.

The insurance and reinsurance provider will use the proceeds to fund tier 2 capital. The company will release the price and terms of the subordinated notes once it proceeds with the offering.

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