Sterling High Grade Financial: RSA Insurance Group

Issuer: RSA Insurance Group
Issue date: May 12, 2009
Size: €500 million
Ratings: Baa1/BBB+ (Moody’s, S&P)
Maturity: May 20, 2039 (first call-date, May 20, 2019)
Coupon: 9.375% (565bp over UKT)

Bookrunners: BNP Paribas, Deutsche Bank, RBS

The financial crisis revealed that many seemingly well-capitalised institutions were anything but when the market came under extreme stress. As a consequence, subordinated debt, a major constituent of the capital base for financial institutions, has come under the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here