Allianz signs EUR500mn contingent capital deal with Nippon
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Allianz signs EUR500mn contingent capital deal with Nippon

07 July 2011
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Global insurer Allianz has issued EUR500mn of contingent capital notes to Japanese carrier Nippon Life.

Allianz can call up the investment and ask Nippon Life to convert the notes into Allianz stock within 10 years, under unspecified conditions.

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