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QBE Prices AUD 600 Million Tier 2 Subordinated Notes Due 2036
2:29am on Monday 2nd of June, 2025 AEST
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QBE Prices AUD 600 Million Tier 2 Subordinated Notes Due 2036
2:29am on Monday 2nd of June, 2025 AEST
Key Points
AUD 600 million subordinated notes issued under Note Issuance Programme
Two tranches: AUD 275 million floating rate and AUD 325 million fixed-to-floating rate notes
Notes qualify as Tier 2 Capital under APRA’s prudential standards
Maturity set for 2036 with callable options subject to APRA approval
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QBE INSURANCE (ASX:QBE)
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