QBE Insurance Group Limited (AU:QBE) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
QBE Insurance Group Limited has announced a proposal to issue AUD Floating Rate Subordinated Notes as part of its capital management strategy. This issuance aims to bolster the company’s Tier 2 capital, with specific pricing and details to be revealed later, contingent on market conditions. This move is part of QBE’s ongoing efforts to strengthen its financial foundations.
For further insights into AU:QBE stock, check out TipRanks’ Stock Analysis page.