ASR bids to improve the ‘tradeability’ of its RT1 with €200m tap

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ASR bids to improve the ‘tradeability’ of its RT1 with €200m tap

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ASR Nederland has asked its bondholders for permission to increase the size of its only restricted tier one (RT1) from €300m to €500m — a move that the Dutch insurer hopes will increase the ‘tradability and liquidity’ of the subordinated debt instrument.

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