trending Market Intelligence /marketintelligence/en/news-insights/trending/5DIefCK9m0cq-FWpeYBzwg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Ageas unit to repurchase €818.8M of hybrid securities

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did

Ageas unit to repurchase €818.8M of hybrid securities

Ageas SA/NV subsidiary Ageasfinlux SA will repurchase approximately 65.50%, or €818.8 million, of the floating-rate equity-linked subordinated hybrid, or FRESH, capital securities involved in a tender offer following a Jan. 3 deadline.

The repurchased securities will be exchanged into 2,599,206 underlying shares of the parent company. The shares will remain on the group's balance sheet as treasury shares and will not be entitled to dividends or voting rights. The total number of outstanding shares remains unchanged.

The securities not purchased will remain outstanding and will continue to be regarded as grandfathered Restricted Tier 1 capital.

The settlement date is expected to be Jan. 8. The impact of the tender, and of the issuance of the Restricted Tier 1 subordinated instrument Dec. 10, 2019, on the group's solvency ratio, balance sheet and profit and loss account will be disclosed after the completion of the tender transaction, including the unwind of the associated interest rate swap.