Recenty formed holding company Aviva Singlife Holdings has priced S$550m of 10.25-year callable subordinated notes, the insurer announced this week. Aviva Singlife Holdings described "outstanding investor demand" with S$3.5bn tier 2 notes orders for its first bridge-to-bond transaction in Singaporean dollars. The company described the issuance as a "landmark debut transaction" by Aviva Singlife Holdings, financing the combination of two of the fastest growing insurance companies in Singapore and the creation of a Southeast Asian homegrown savings and protection company. Aviva Singl...
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