By Sarka Halas
Swiss Reinsurance Company Ltd. (SSREY), has planned a euro-denominated, benchmark-size, subordinated bond, one of the banks running the deal said Monday.
Bank of America Merrill Lynch, Barclays, Citigroup, HSBC, and JPMorgan Chase and Co., are the lead managers on the deal, to be launched subject to market conditions.
The issuer is rated A1 by Moody's Investor Services and AA- by Standard & Poor's Corp.
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