Information regarding the redemption by SCOR SE of outstanding €63.6 million undated subordinated notes
Globenewswire·2025-10-01 16:04

Core Points - SCOR SE announced the redemption of €63.6 million in outstanding undated subordinated notes issued on October 1, 2014 [1] - The early redemption has received prior approval from the French regulatory authority [2] - All redeemed notes will be cancelled in accordance with the terms and conditions [2] Company Overview - SCOR is a leading global reinsurer offering a diversified range of reinsurance and insurance solutions to manage risk [3] - The company generated premiums of €20.1 billion in 2024 and serves clients in over 150 countries from 37 offices worldwide [3] - The redemption of the notes follows a tender offer in December 2024, which allowed the company to redeem €186.4 million of subordinated notes from the same series [6]