PartnerRe Finance offers 10-year senior notes via four bookrunners

By Devika Patel

Knoxville, Tenn., June 12 – PartnerRe Finance B LLC expects to sell dollar-denominated fixed-rate senior notes due 2029, according to a 424B5 filed with the Securities and Exchange Commission.

The notes may be called under certain conditions.

Citigroup Global Markets Inc., Credit Agricole CIB, Goldman Sachs & Co. LLC and HSBC Securities (USA) Inc. are the bookrunners.

The notes are guaranteed by PartnerRe Ltd.

Proceeds will be used to redeem the company’s 5.5% senior notes due 2020 and for general corporate purposes.

The reinsurance company has its U.S. operations based in Greenwich, Conn.

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