Tryg Forsikring A/S, rated A2 (Positive Outlook) by Moody’s, has mandated Nordea and SEB as Joint Lead Managers for its forthcoming SEK denominated Solvency II compliant Tier 2 transaction, expected to be rated Baa1 by Moody’s.
The transaction is expected to be launched, subject to market conditions, following investor presentations in Stockholm and Copenhagen on 17 and 18 May, respectively.
The bond issue is part of ongoing optimisation of Tryg's capital structure.
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