On February 7th, 2012, Allianz issued a EUR 1.5 billion senior benchmark bond with a 10-year maturity. The issue, guaranteed by Allianz SE, was placed via the Dutch financing subsidiary Allianz Finance II B.V.
Crédit Agricole CIB, Commerzbank, Deutsche Bank and HSBC acted as joint bookrunners on this prestigious and successful transaction.
Allianz is a rather rare issuer of senior unsecured benchmark bonds. Their last issuance of such bonds dates back to July 2009 when the company came to the market with another very successful 10-year deal of exactly the same size, i.e. EUR 1.5 billion. Crédit Agricole CIB acted as joint bookrunner on both deals (2009 and 2012).
The Allianz group is one of the leading integrated financial services providers worldwide. With approximately 142,000 employees worldwide, it serves more than 78 million customers in about 70 countries. On the insurance side, Allianz is the market leader in the German market and has a strong international presence.
In fiscal 2011 the Allianz group achieved total revenues of over EUR 103.6 billion. Allianz is also one of the world's largest asset managers, with third-party assets of EUR 1,281 billion under management at year end 2011.