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Published on 8/30/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Groupama Assurances to redeem 7 7/8% bonds due 2039 on Oct. 27

By Marisa Wong

Los Angeles, Aug. 30 – Groupama Assurances Mutuelles will redeem its 7 7/8% senior subordinated bonds due Oct. 27, 2039 on their first call date of Oct. 27, according to a notice.

As of Aug. 30, €500 million of the original €750 million principal amount remains outstanding.

Groupama is a Paris-based insurance company.


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