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- Gjensidige Group's Exposure To Credit Suisse and AT1 Debt
Gjensidige Group's exposure to Credit Suisse and AT1 debt
21 Mar 2023 08:12 CET
Issuer
Gjensidige Forsikring ASA
Further to the turmoil in the banking sector, Gjensidige provides an update on
the Group's exposure in the investment portfolio confirmed on 17 March 2023:
· Credit Suisse equity: no holdings
· Total Credit Suisse debt: NOK 38 million, amounting to less than 0.1% of the
investment portfolio, including Credit Suisse AT1 debt of NOK 4 million
· Total investments in AT1 debt across all issuers: NOK 136 million, amounting
to less than 0.3% of the investment portfolio. 74% of AT1 investments are with
Nordic issuers and 26% with European issuers outside of the Nordic countries
For further information, please contact:
Head of Investor Relations, Mitra Hagen Negård, mobile: +47 957 93 631
Investor Relations Officer, Marius Michelsen Fjellbo, mobile +47 995 67 593
More information:
Access the news on Oslo Bors NewsWeb site
Source
Gjensidige Forsikring ASA
Provider
Oslo Børs Newspoint
Company Name
GJENSIDIGE FORSIKRING, Gjensidige Fors ASA 14/44 FRN STEP C SUB, Gjensidige Fors ASA 21/51 FRN STEP C SUB, Gjensidige Fors ASA 21/PERP FRN C HYBRID
ISIN
NO0010582521, NO0010720378, NO0010965437, NO0010965429
Symbol
GJF
Market
Oslo Børs