INSURING TOMORROW WITH CONFIDENCE
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17 January 2017
Today, Groupama announced the issue of Euro-denominated Fixed Rate subordinated notes placed with institutional investors for an aggregate principal amount of EUR 650 million, with an annual coupon of 6.000 per cent. This transaction is part of Groupama's active capital management strategy. The purpose was to extend the average maturity of the group's liability profile and to reinforce its financial flexibility.
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