Debt issuance
The following chart offers a summary of the most important information about the Company’s currently issued debt.
Mapfre DEBT ISSUE PROGRAM (EMTN)
Access the complete prospectus here
Senior Notes 3.125% 01/20/2032 Final Terms
Senior Notes 3.625% 01/20/2036 Final Terms
Subordinated Notes 4.500% 06/09/2037 Final Terms
Debt issuance
| ISIN | ES0224244089 | ES0224244097 | ES0224244105 | ES0224244113 | ES0224244121 | ES0224244139 |
|---|---|---|---|---|---|---|
| Subordination | Subordinated Unsecured (Tier 2) | Subordinated Unsecured (Tier 2) | Subordinated Unsecured (Tier 3) | Senior Unsecured | Senior Unsecured | Subordinated Unsecured (Tier 2) |
| Issue Date | 03/31/2017 | 09/07/2018 | 04/13/2022 | 01/20/2026 | 01/20/2026 | 06/09/2026 |
| Maturity | 03/31/2047 | 09/07/2048 | 04/13/2030 | 01/20/2032 | 01/20/2036 | 06/09/2037 |
| Call date | 03/31/2027 or any interest payment date thereafter | 09/07/2028 or any interest payment date thereafter | 10/20/2031 or any date thereafter | 10/20/2035 or any date thereafter | 06/09/2036 or any interest payment date thereafter | |
| Nominal amount issued | €600 million | €500 million | €500 million | €500 million | €500 million | €500 million |
| Nominal amount outstanding | €260.2 million* | €500 million | €500 million | €500 million | €500 million | €500 million |
| Interest | 4.375% per annum (annual) until first call date, thereafter 3m Euribor + 454.3 bps (floating, quarterly) | 4.125% per annum (annual) until first call date, thereafter 3m Euribor + 430 bps (floating, quarterly) | 2.875% fixed coupon | 3.125% fixed coupon | 3.625% fixed coupon | 4.5% per annum (annual) until first call date, thereafter 1-year Mid-Swap Rate + 145 bps |
| Prospectus | (04.2017) Issuance of subordinated debt of Mapfre S.A. | (08.2018) Issuance of subordinated debt of Mapfre S.A. | (04.2022) Issuance of subordinated debt of Mapfre S.A. | (01.2026) Senior debt issuance (final termas and conditions) | (01.2026) Senior debt issuance (final termas and conditions) | (06.2026) Issuance of subordinated debt of Mapfre S.A. |
| Rating agency report | (03.2017) S&P Mapfre subordinated debt report | (08.2018) Fitch Mapfre subordinated debt report | (03.2024) Fitch Upgrades 27 Insurance Hybrids on Updated Criteria | (01.12.2026) Standard and Poor's Mapfre Senior notes rating | (01.12.2026) Standard and Poor's Mapfre Senior notes rating | (06.2026) S&P Mapfre subordinated debt report |
| (04.2022) Fitch Mapfre subordinated debt report | ||||||
| * On June 1, 2026, Mapfre, S.A. announced a tender offer in cash intended for the holders of the “EUR 600,000,000 Fixed/Floating Rate Reset Callable Subordinated Notes due March 2047” (ES0224244089). The final results of the tender offer, which were announced on June 9, 2026, can be found in the Other Relevant Information sent to the CNMV | ||||||