French politics comes to AXA’s rescue
16 Oct 2025Was AXA’s RT1/Tier 2 spread too tight?
Perhaps the most high-profile example of this was a EUR750m PNC6.4 RT1 issue for French insurer AXA, which was sold alongside a EUR750m 30.8NC10 Tier 2 issue.
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Was AXA’s RT1/Tier 2 spread too tight?
Perhaps the most high-profile example of this was a EUR750m PNC6.4 RT1 issue for French insurer AXA, which was sold alongside a EUR750m 30.8NC10 Tier 2 issue.
