SCOR Launches Cash Tender Offer and Intends to Issue New Subordinated Debt

Tuesday, Sep 2, 2025 2:33 am ET1min read

SCOR announces a cash tender offer and plans to issue new subordinated bonds. The tender offer is for EUR 600m nominal amount of existing subordinated bonds with a fixed interest rate, maturing on June 8, 2046. The company plans to use the net proceeds from the issuance of new subordinated bonds for general corporate purposes, including financing the tender offer. The new bonds will have a fixed and then variable interest rate and are eligible for regulatory capital under Solvency II. The tender offer will begin on September 2, 2025, and end on September 8, 2025.

SCOR Launches Cash Tender Offer and Intends to Issue New Subordinated Debt

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