Comments: CHF200m 6yr fxd cpn 1.0225% at par. Spread: SARON MS +73 / Govt.+84. Par Call: 1m. Clean-up Call: Yes. Tax Call: Yes. PP: Yes;
Deal Comments
Reoffer: 6yr: SARON MS+73bp / 100 / 1.0225% (Govt+84bp)
Launched: 6yr: CHF 200m @ SARON MS+73bp
Guidance: 6yr: SARON MS+73/78bp (YTM 1.0225%/1.0725%, Govt+84/89bp)
IPTs: 6yr: SARON MS+78/83bp (YTM 1.045%/1.095%, Govt+90/95bp)
Issuer: Chubb INA Holdings LLC
Ticker: CB
Guarantor: Chubb Limited
Issuer Domicile: USA
Status: Senior, unsecured and unsubordinated obligations of the Issuer ranking pari passu
Type: Public fixed rate bonds
Expected Issue Ratings: A2/A/A (Moody's/S&P/Fitch)
Issue Size: CHF 200m
Coupon: 1.0225% p.a.
Tenor: 6-year
Payment Date: 17-Mar-26
Maturity Date: 17-Mar-32
Early Redemption: 1 Month Par Call, Clean-up Call, Tax Redemption Call
Issue Price: 100%
Reoffer: SARON MS+73bp / YTM 1.0225% / Govt+84bp
ISIN / Security Number: CH1533151044 / 153315104
Lead Managers: DB, BNPP, UBS
SNB Repo-eligibility: At the discretion of the SNB, expected no
Documentation: Standalone CHF documentation, including a Preliminary Prospectus dated 3 March 2026. The Bonds, if issued, will be issued on the basis of, and the terms of the Bonds (the "Terms of the Bonds") will be set out in, the prospectus relating to the Bonds.
FinSA Prospectus: Prospectus approval post-settlement only, in accordance with art. 51 Swiss Financial Services Act of 15 June 2018
Governing Law: Swiss
Covenants: PP
SIX Listing: 13-Mar-26
Denomination: CHF 5,000
Use of Proceeds: General Corporate Purposes