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”.
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