Helvetia Redeems Hybrid Bond

Helvetia Holding AG has announced its intention to redeem a CHF 225 million hybrid bond. The redemption will occur on the bond's first optional redemption date, set for 17 October 2024.

The bond, identified by ISIN CH0255893098, was issued in 2014 by Helvetia Schweizerische Versicherungsgesellschaft AG and has been carrying a yearly coupon rate of 4.00%. The redemption will be executed at par plus accrued interest, providing clarity and predictability to bondholders.

This move aligns with Helvetia's financial management strategy, showcasing its commitment to maintaining robust financial health and transparency. Investors and analysts can expect further communications through the provided investor and media relations contacts.