--- title: CCR Re succesfully places €300 million Tiers 2 subordinated bonds description: CCR Re has successfully placed today €300 million of Tier 2 subordinated bonds. This is CCR Re's first bond issue. image: https://blog.arundore.com/hubfs/CCR%20Re%20logo%20on%20a%20laptop%20screen%20tn.jpg --- [![Arundo_Logo_RVB-1](https://blog.arundore.com/hs-fs/hubfs/Arundo_Logo_RVB-1.png?width=115&height=76&name=Arundo_Logo_RVB-1.png)](https://www.ccr-re.com/en/home) - [News](https://blog.arundore.com/en) - [Reinsurance Tutorials](https://info.arundore.com/reinsurance-tutorials) - [Women of Power](https://info.arundore.com/women-of-power) - [MTPL Losses France Study](https://info.arundore.com/assessing-the-losses-of-severe-personal-injury-victims-in-motor-liability-cases) - [Arundo Re Talks](https://www.arundore.com/en/arundo-re-talks) - [français-FRANCE](https://blog.arundore.com/fr/ccr-re-place-avec-succes-une-emission-inaugurale-de-300-millions-euros-de-dette-subordonnee) [Home](https://blog.arundore.com/) [The reinsurance and insurance blog of Arundo Re](https://blog.arundore.com/en) CCR Re succesfully places €300 million Tiers 2 subordinated bonds 8 July 2020 1 min read # CCR Re succesfully places €300 million Tiers 2 subordinated bonds ## CCR Re has successfully placed today €300 million of Tier 2 subordinated bonds. This is CCR Re's first bond issue.   The bond was quickly placed with more than 150 investors, mainly based in France, Europe and Asia, with a total order book of more than € 1,5 billion. It was issued with a margin of 310 basis points above the mid-swap rate. This great success shows CCR Re’s financial strength and good prospects.   With this issue, CCR Re strengthens its development, in line with its Streamline business plan, and will even better support its customers with a stronger solvency.   > ![Bertrand_Labilloy_VIGNETTE](https://blog.arundore.com/hs-fs/hubfs/Vignettes%20rondes/Vigettes%20ronde%20gouvernance/Bertrand_Labilloy_VIGNETTE.png?width=90&name=Bertrand_Labilloy_VIGNETTE.png)[Bertrand Labilloy](https://www.ccr-re.com/en/gouvernance-biographie?nom=Bertrand%20Labilloy), Chairman & CEO, said: "*today's inaugural issue sets a milestone in CCR Re history. Its success, notably in the form of an oversubscription of more than 5 times, shows the market confidence in the strategy, performance and financial strength of the company. We would like to thank the investors for their support and HSBC, Natixis and CA-CIB for the excellent execution of this transaction*". \* The securities issued will mature in 2040 with a first early redemption date at the option of the issuer in 2030. This bond has an annual fixed coupon of 2.875% until 15 July 2030 and a variable quarterly coupon after this date. They should be recognized as hybrid capital by the rating agencies and rated BBB+ by S&P. The bonds are expected to be admitted to trading on Euronext Growth in Paris on July 15, 2020.   The proceeds of the issue will be applied by CCR Re for its general corporate purposes.   Natixis and HSBC were involved as Global Coordinators and Joint Book Runners and Crédit Agricole CIB was involved as Joint Book Runner.   [CCR Re is A rated by S&P](https://blog.arundore.com/en/standard-poors-upgrades-ccr-re-rating-to-a)with stable outlook and A rated by A.M. Best with stable outlook.   ### [**Download the press release**](https://blog.arundore.com/hubfs/CCR%20RE%20-%20300M%E2%82%AC%20CP%20-%20EN%20FINAL-1.pdf)   The offer and sale of the securities referred to in this announcement has not been, nor will be, registered under the U.S. Securities Act of 1933 (the “**Securities Act**”) and the securities may not be offered or sold in the United States absent such registration or an applicable exemption from the registration requirements of the Securities Act.   ---   ![Mail](https://blog.arundore.com/hs-fs/hubfs/Mail.png?width=71&name=Mail.png) ## **Receive financial information from CCR Re**   [mailto:?subject=CCR%20Re%20succesfully%20places%20€300%20million%20Tiers%202%20subordinated%20bonds&BODY=I%20found%20this%20article%20interesting%20and%20thought%20of%20sharing%20it%20with%20you.%20Check%20it%20out:%20https://blog.arundore.com/en/ccr-re-succesfully-places-300-million-tiers-2-subordinated-bonds](mailto:?subject=CCR%20Re%20succesfully%20places%20€300%20million%20Tiers%202%20subordinated%20bonds&BODY=I%20found%20this%20article%20interesting%20and%20thought%20of%20sharing%20it%20with%20you.%20Check%20it%20out:%20https://blog.arundore.com/en/ccr-re-succesfully-places-300-million-tiers-2-subordinated-bonds) ## Latest articles #### 3 April 2025 ### [📄 Press Release : Annual results 2024](https://blog.arundore.com/en/-press-release-annual-results-2024) 2024, another year of profitable growth for Arundo Re ### [+](https://blog.arundore.com/en/-press-release-annual-results-2024) #### 5 February 2025 ### [📄 Arundo Re Announces January 1, 2025 Renewals in Line with Its Ambitious Strategic Plan](https://blog.arundore.com/en/press-release-renewals-at-1st-january-2025) During the 1/1 renewals, Arundo Re continued on its growth trajectory while maintaining underwriting discipline. ### [+](https://blog.arundore.com/en/press-release-renewals-at-1st-january-2025) #### 8 January 2025 ### [📄 Press Release : CCR Re has successfully launched  its seventh sidecar vintage 157 Re 25](https://blog.arundore.com/en/press-release-ccr-re-has-successfully-launched-its-seventh-sidecar-vintage-157-re-25-1) CCR Re has successfully sponsored the 2025 vintage of its 157 Re sidecar, emphasizing its commitment to maintaining long-term partnerships with… ### [+](https://blog.arundore.com/en/press-release-ccr-re-has-successfully-launched-its-seventh-sidecar-vintage-157-re-25-1) #### 5 September 2024 ### [📄Press release: Key figures for the first semester of 2024](https://blog.arundore.com/en/📄-press-release-key-figures-for-the-first-semester-of-2024) In the first half of 2024, CCR Re’s turnover reached €970 million, an increase of 7% at current exchange rates compared to the first half of 2023 (stable… ### [+](https://blog.arundore.com/en/📄-press-release-key-figures-for-the-first-semester-of-2024) [View all articles](https://blog.arundore.com/en) **Arundo Re** 6 RUE FAVART 75002 PARIS - FRANCE [Contact us](https://www.arundore.com/en/contact) [Job opportunities](https://www.welcometothejungle.com/en/companies/arundo-re) [![Arundo_Logo_RVB-1](https://blog.arundore.com/hs-fs/hubfs/Arundo_Logo_RVB-1.png?width=202&height=133&name=Arundo_Logo_RVB-1.png)](https://www.arundore.com/en/)   [Terms of use & legal notice](https://www.arundore.com/en/legal-notice) I[Personal data protection](https://www.arundore.com/en/gdpr) I © - Arundo Re 2026 All rights reserved ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "CCR Re", "url" : "https://blog.arundore.com/en/author/ccr-re" }, "dateModified" : "2022-07-20T10:35:15.370Z", "datePublished" : "2020-07-08T16:12:32.000Z", "headline" : "CCR Re succesfully places €300 million Tiers 2 subordinated bonds", "image" : [ "https://blog.arundore.com/hubfs/CCR%20Re%20logo%20on%20a%20laptop%20screen%20tn.jpg" ], "mainEntityOfPage" : { "@id" : "https://blog.arundore.com/en/ccr-re-succesfully-places-300-million-tiers-2-subordinated-bonds", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.arundore.com/hubfs/Arundo_Logo_RVB-2.png" }, "name" : "Arundo Re" } } ```