7 December, 2022

MEDVIDA prices a new issuance of subordinated debt

Madrid, December 7, 2022. MEDVIDA has priced a new issuance of Tier 2 subordinated debt amounting to 21 million euros. The debt is expected to be subscribed for and paid up during December 2022, subject to entering into a subscription agreement and the other agreements relating to the issue, and subject to compliance with the conditions set out in the subscription agreement.

The debt will be issued at a price of 97.047% of their nominal amount and is to be consolidated and form a single series with MEDVIDA’s first issuance of 30 million euros of subordinated debt placed last July.

The debt issued by MEDVIDA will continue to support its growth plans in life insurance consolidation, including the acquisition of CNP Partners.

Further information.

Press contact

Alex Child-Villiers
T: +44 (0)7795 425580
Sam Livingstone
T: +44 (0)7769 655437

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