Swiss Life places a EUR 600 million hybrid bond
The net proceeds will fund general corporate purposes and potential debt refinancing. The instrument matures in 2046 with a first call option in September 2036 at a 4.75% coupon rate.
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Life insurer, pension provider, and asset manager
swisslife.comLast updated
In short: Swiss Life reported higher fee results and operating profit for H1 2026, alongside plans to reduce 600 positions by 2028.
The net proceeds will fund general corporate purposes and potential debt refinancing. The instrument matures in 2046 with a first call option in September 2036 at a 4.75% coupon rate.
The TELIS Group, with around 1800 advisors, strengthens Swiss Life Germany's position as a leading financial advisory firm.
The program comprised 910,273 shares at CHF 823.93 per share and reached the target volume of CHF 750 million.
Fee income rises 6% to CHF 686m and premiums increase 5% to CHF 8.2bn. Swiss Life Germany acquires TELIS; SST ratio around 210%.
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