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EUROZONE ISSUANCE: Allianz SE - EUR Long 30NC10 - IPT's ms+250a
Security Offered: EUR Dated Subordinated Fixed to Floating Rate
Notes with scheduled maturity in 2050 to be issued under the Euro 30bln Debt
Issuance Programme
Senior Rating: AA (S&P) / Aa3 (Moody's), stable / stable
Expected Issue Ratings: A+ (S&P) / A2 (hyb) (Moody's)
Amount: EUR Benchmark
Settlement Date: [22] May 2020
Scheduled Maturity Date: 8 July 2050 (s.t. Conditions to Redemption)
Issuer Redemption Option: On 8 July 2030 and each subsequent interest payment
date thereafter (subject to Conditions to Redemption)
Coupon: [?]% per annum, act/act, following, unadjusted until 8 July 2030,
thereafter floating rate of 3-month EURIBOR + Margin(initial credit spread +
100bps step-up), act/360, modified following, adjusted, short first coupon
Bookrunners: BofA Securities, CACIB, Citi, Commerzbank
- From market source

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