Allianz SE

Capital/Financing Update • May 8, 2013

News Details

Corporate | 8 May 2013 18:58

Allianz SE: Allianz to redeem its 2 billion US-dollar 8.375% undated subordinated callable bonds

Allianz SE / Key word(s): Bond

08.05.2013 / 18:58

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Allianz SE announced today that it intends to call for redemption effective
June 15, 2013 (the 'Redemption Date') all of its 2,000,000,000 US-dollar
8.375% undated subordinated callable bonds (CUSIP: 018805200; ISIN:
US0188052007) (the 'Bonds').

The Bonds will be redeemed in accordance with their terms and conditions.
The redemption price for the Bonds will be the principal amount plus any
interest accrued to and including the Redemption Date and will be paid in
cash on Monday, June 17, 2013.

These assessments are, as always, subject to the disclaimer provided below.

Cautionary Note Regarding Forward-Looking Statements
The statements contained herein may include prospects, statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and unknown
risks and uncertainties. Actual results, performance or events may differ
materially from those expressed or implied in such forward-looking
statements.

Such deviations may arise due to, without limitation, (i) changes of the
general economic conditions and competitive situation, particularly in the
Allianz Group's core business and core markets, (ii) performance of
financial markets (particularly market volatility, liquidity and credit
events) (iii) frequency and severity of insured loss events, including from
natural catastrophes, and the development of loss expenses, (iv) mortality
and morbidity levels and trends, (v) persistency levels, (vi) particularly
in the banking business, the extent of credit defaults, (vii) interest rate
levels, (viii) currency exchange rates including the Euro/U.S. Dollar
exchange rate, (ix) changes in laws and regulations, including tax
regulations, (x) the impact of acquisitions, including related integration
issues, and reorganization measures, and (xi) general competitive factors,
in each case on a local, regional, national and/or global basis. Many of
these factors may be more likely to occur, or more pronounced, as a result
of terrorist activities and their consequences.

No duty to update
The company assumes no obligation to update any information or
forward-looking statement contained herein, save for any information
required to be disclosed by law.

End of Corporate News

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Language: English
Company: Allianz SE
Königinstr. 28
80802 München
Germany
Phone: +49 (0)89 38 00 - 41 24
Fax: +49 (0)89 38 00 - 38 99
E-mail: investor.relations@allianz.com
Internet: www.allianz.com
ISIN: DE0008404005
WKN: 840400
Indices: DAX-30, EURO STOXX 50
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX

End of News DGAP News-Service

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