GLOBALE Rückversicherungs Finance Alpha B.V.
EANS-Adhoc: GLOBALE Rückversicherungs Finance Alpha B.V. /
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
25.06.2010
GLOBALE Rückversicherungs Finance Alpha B.V., formerly trading as Gerling Global Finance Alpha B.V., hereby announces that August 16, 2010 is an Optional Interest Payment Date in accordance with Paragraph 5 Section 3 of the Terms and Conditions of the Bonds.
Because of the lack of distributable profits no dividend will be declared in respect of shares of GLOBALE Rückversicherungs-Aktiengesellschaft (GR), the guarantor of the Euro 220.000.000 subordinated step-up fixed/floating rate bonds, at the general meeting (Hauptversammlung) of GR resolving on the payment of a dividend for the business year 2009.
Therefore, GLOBALE Rückversicherungs Finance Alpha B.V., Amsterdam, intends to make use of its contractual right to defer interest payments pursuant to sec. 6 (3) of the terms and conditions of the bonds.
25.06.2010
end of announcement euro adhoc
Further inquiry note:
Andre Nazarian
Tel.: +49(0)221-2889-281
E-Mail: andre.nazarian@globalre.com
Branche: Insurance
ISIN: XS0133491000
WKN: 701555
Börsen: Luxembourg Stock Exchange / all