Swiss Re received The Banker’s “Deal of the Year 2008 Award”

Swiss Re won The Banker’s “Deal of the Year 2008 Award” for the GBP 500 million Tier 1 hybrid.

“Thanks to meticulous organisation, Swiss Re successfully launched its inaugural benchmark Sterling hybrid Tier 1 notes at short notice, when windows of stability were identified. The choice of Sterling as the issue currency provided investor and market diversification and arguably a better execution than euros or dollars would have allowed”.