VIG May Revisit Bond Once Euro Area Woes Over, Kurier Reports

Vienna Insurance Group AG, eastern Europe’s biggest insurer, will revisit its planned 500 million euro subordinated bond once markets in the euro area calm down, its head was quoted as saying by Austrian newspaper Kurier.

"Just as we started our roadshow, Ireland and the euro debate drove up interest rates," Chief Executive Guenter Geyer told Kurier in an interview. "Maybe we’ll revisit once the rate environment in the euro area has calmed down," he said.

To contact the editor responsible for this story: Boris Groendahl at bgroendahl@bloomberg.net

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