Swiss Re issues USD 1bn Guaranteed Subordinated Fixed Rate Reset Step-up Callable Notes

Niederer Kraft Frey advised the joint lead managers consisting of Barclays, Citigroup, Merrill Lynch and Wells Fargo on the USD 1 billion 5.000% Guaranteed Subordinated Fixed Rate Reset Step-up 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).