• AXA placed EUR 750 million of Tier 2 dated subordinated notes due 2057 with institutional investors.
• The notes carry a fixed annual interest rate of 5.38% until May 25, 2037, the first call date.
• Interest subsequently switches to a floating rate based on three-month EURIBOR with a margin of 295 basis points.
• Settlement is expected November 6, 2026; proceeds will fund general corporate purposes, including refinancing part of outstanding debt.
• The notes qualify as Solvency II Tier 2 capital; expected ratings are A from S&P Global Ratings and A1 (hyb) from Moody's.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AXA SA published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.