Swiss Re issues USD 1bn Guaranteed Subordinated Fixed Spread Callable Notes

Niederer Kraft Frey advised the joint lead managers consisting of BNP Paribas, BofA Merrill Lynch, Citigroup, Credit Suisse and Morgan Stanley on the USD 1 billion Guaranteed Subordinated Fixed Spread Callable Notes issued by Swiss Re Finance (Luxembourg) S.A. and irrevocably guaranteed on a subordinated basis by Swiss Reinsurance Company Ltd.

The NKF team was led by Capital Markets partner Marco Häusermann, working with Tax partner Markus Kronauer and senior associate Giulia Ghezzi (Capital Markets).