Mapfre sets terms for EUR 1 billion senior and subordinated debt offering

• Mapfre set terms for EUR 1 billion of senior and subordinated notes.
• The EUR 500 million senior notes mature November 12, 2029, with a fixed annual coupon of 3.88%.
• The EUR 500 million subordinated notes mature November 12, 2041, paying 4.88% annually until November 12, 2031, before rate resets.
• Proceeds will finance the Safety Insurance Group acquisition, subject to regulatory approvals, and general corporate purposes.
• Closing is expected November 12, 2026, subject to signing the subscription agreement and meeting its conditions.

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. Mapfre SA published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.