Financials
March 22, 2018 / 6:29 PM / in 10 months

BRIEF-AXA Announces Successful Placement Of Dated Subordinated Notes At 2 Billion Euros Due 2049

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March 22 (Reuters) - AXA:

* ANNOUNCES SUCCESSFUL PLACEMENT OF EURO 2 BILLION DATED SUBORDINATED NOTES DUE 2049

* SETTLEMENT OF NOTES IS EXPECTED TO TAKE PLACE ON MARCH 26, 2018.

* ANNUAL COUPON AT 3.25 PCT‍​

* COUPON WILL BE AT FIXED RATE UNTIL MAY 2029, THEN AT A VARIABLE INTEREST RATE Source text: bit.ly/2uh1ZIM Further company coverage: (Gdynia Newsroom)

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