Debevoise Advises AIA in Its $1B Securities Offering
April 06, 2024
April 06, 2024
NEW YORK, April 6 -- Debevoise and Plimpton, a law firm, issued the following news:
Debevoise & Plimpton LLP has advised AIA Group Limited ("AIA") in its $1 billion offering of 5.375% subordinated dated securities due 2034. The offering was conducted under AIA's $16 billion Global Medium Term Note and Securities Programme. The securities are expected to qualify as "Tier 2" group capital under the Hong Kong Insurance (Group Capital) Rules.
The sec . . .
Debevoise & Plimpton LLP has advised AIA Group Limited ("AIA") in its $1 billion offering of 5.375% subordinated dated securities due 2034. The offering was conducted under AIA's $16 billion Global Medium Term Note and Securities Programme. The securities are expected to qualify as "Tier 2" group capital under the Hong Kong Insurance (Group Capital) Rules.
The sec . . .