PartnerRe Ltd. Announces Closing of Fixed-Rate Reset Junior Subordinated Notes Offering and Delivery of Notice of Redemption

PEMBROKE, Bermuda–(BUSINESS WIRE)–PartnerRe Ltd. (“PartnerRe”) announced today that its subsidiary, PartnerRe Finance B LLC (“Finance B”), has completed its offering of $500 million aggregate principal amount of 4.500% Fixed-Rate Reset Junior Subordinated Notes due 2050 (the “Notes”). The Notes are unsecured junior subordinated obligations of Finance B and are fully and unconditionally guaranteed by PartnerRe on an unsecured junior subordinated basis. As previously announced, PartnerRe intend