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QBE Prices $300M USD Tier 2 Notes at 5.239% Fixed Rate, Resetting in 2032

9:27am on Wednesday 5th of November, 2025 AEDT Financials
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QBE Prices $300M USD Tier 2 Notes at 5.239% Fixed Rate, Resetting in 2032

9:27am on Wednesday 5th of November, 2025 AEDT
Key Points
  • USD 300 million subordinated notes issued under QBE’s Note Issuance Programme
  • Initial fixed interest rate of 5.239% per annum until 2032
  • Notes qualify as Tier 2 Capital under APRA regulations
  • 12-year term with maturity in November 2037
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