Swiss Re to receive “ifr structured equity award”
The “International Financing Review” (ifr) has honoured Swiss Re’s EUR 672 million Mandatory Convertible Security issued in July 2004 with its “ifr structured equity award”. This award, in the category “European Structured Equity Issue”, is the most prestigious of its kind and is said to be the European financial services industry’s equivalent to Hollywood’s Oscars. It will be the first time that Swiss Re receives this award, and the ceremony will be held at the 10th ifr Anniversary Gala Dinner in London on 10 January 2005.
"The ifr award is the third award which Swiss Re’s Mandatory Convertible Security issue has thus received, and is by far the most prestigious," commented Jürg Hess, Swiss Re's Head of Corporate Finance and Group Treasurer. The other two awards are the “Equity-Linked Deal of the Year” from both “The Treasurer magazine” and “Financial News”.
The “ifr” awards are selected by the review’s capital market journalists by way of interviews with market participants. Thereafter, a shortlist is made with the support of treasurers and investors. The final decisions is taken by the Senior “ifr” editorial team.
The “ifr review”, launched in 1974, is a well-renowned source of international capital markets intelligence. It is published weekly in print and online, with a readership including bankers, brokers and investors as well as corporate and government borrowers.
