Sava Re d.d. announced that it is considering options for issuing subordinated bonds to optimize the capital structure of the Sava Insurance Group. The Company will decide on whether to move forward with the bond issue after examining all market conditions.

This information does not constitute a public offer of bonds within the meaning of the Market in Financial Instruments Act nor does it place any obligation on the Company to proceed with the bond issue.

Slovenia-based Sava Re has carried on reinsurance business for over forty years and at present is a global reinsurer. As a medium-sized company, Sava offers reinsurance services to domestic and foreign insurers and reinsurers worldwide. Find more about Sava Re in its October 2019 presentation.

Source: sava-re.si