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News  ›  GlobeNewswire Inc.

ISIN DK0030484621 - FRN Tryg Forsikring A/S Subordinated Callable SEK 1,000,000,000 Bond Issue (the "Bonds") - Exercise of Ordinary Call - Key information

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ISIN DK0030484621 - FRN Tryg Forsikring A/S Subordinated Callable SEK 1,000,000,000 Bond Issue (the

Tryg Forsikring A/S has exercised an ordinary call on its perpetual subordinated callable SEK 1 billion bond (ISIN DK0030484621), with settlement scheduled for 26 February 2026 at a price of SEK 1,011,106.44 per SEK 1,000,000 nominal amount plus accrued interest. Following settlement, all outstanding bonds will be redeemed.

Insights
JPMpL   neutral

Participating as lead bank in the bridge loan syndicate without significant additional context


TGVSY   neutral

The exercise of a callable bond is a routine capital management action. The issuer is redeeming debt at par plus accrued interest, which is a standard financial operation. There is no indication of financial distress or positive developments; this is a normal refinancing activity.