SCOR successfully places EUR 500 million subordinated notes maturing in 2055

Press release

2 September 2025 - N° 15

 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE U.S. SECURITIES ACT OF 1933, AS AMENDED) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS RELEASE.

SCOR successfully places EUR 500 million subordinated notes maturing in 2055

SCOR SE (the “Company”) has successfully completed the placement with institutional investors of EUR 500,000,000 Fixed to Floating Rate Subordinated Notes, maturing on 10 September 2055, and eligible as Tier 2 regulatory capital under Solvency II (the “Notes”). The transaction met a strong investor demand.

The initial fixed rate of 4.522% per annum will be payable annually in arrears until 10 September 2035 (inclusive). From that date, the Notes will bear interest at a variable rate