on CNP ASSURANCES (EPA:CNP)
CNP Assurances Exercises Early Redemption of Subordinated Note
CNP Assurances has announced the early redemption of its €108 million subordinated note, identified by ISIN FR0010406082. This note, initially issued on December 20, 2006, will undergo early redemption on December 20, 2026. Notably, it is a perpetual floating-rate subordinated bond.
The decision follows the note's loss of eligibility as Tier 1 regulatory capital from January 1, 2026, according to Article 308b of the Solvency II Directive. This strategic move allows CNP Assurances to enhance its capital structure in line with future development goals and capital market opportunities.
Additional details are accessible on CNP Assurances' official website.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all CNP ASSURANCES news