a.s.r. has six debt instruments outstanding for a total nominal amount of € 3.6 billion: two Restricted Tier 1 (RT1) bonds for € 1,000 million, two Tier 2 bonds for € 500 million each, one Tier 2 bond for € 1.0 billion and one € 600 million green senior bond. In 2024, a.s.r. issued a € 500 million restricted Tier 1 bond, which was oversubscribed by more than three times, with participation from more than 180 international investors demonstrating the widespread support for a.s.r. from institutional fixed-income investors. A € 500 million Tier 2 bond, issued in 2014, was repurchased via a tender offer of more than € 380 million in March 2024. The remainder was redeemed at the call date in September.
| Nominal value | Coupon | First call date |
---|---|---|---|
Fixed to fixed Tier 2 capital securities | € 500 million | 5.125% | 29 September 2025 |
Perpetual Restricted Tier 1 capital securities | € 500 million | 4.625% | 19 October 2027 |
Green senior fixed rate notes | € 600 million | 3.625% | 12 December 2028 |
Fixed to fixed Tier 2 capital securities | € 500 million | 3.375% | 2 May 2029 |
Perpetual Restricted Tier 1 capital securities | € 500 million | 6.625% | 27 December 2031 |
Fixed to fixed Tier 2 capital securities | € 1,000 million | 7.000% | 7 December 2033 |