6-K 1 a5555919.txt SCOR HOLDING (SWITZERLAND) LTD. OMB APPROVAL OMB Number: 3235-0116 Expires: March 31, 2003 Estimated average burden hours per response: 8 Form 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of November, 2007 SCOR HOLDING (Switzerland) Ltd. ------------------------------- (Translation of registrant's name into English) General Guisan-Quai 26 8002 Zurich Switzerland ---------------------------------------- (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F X Form 40-F --- --- Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X ------- ------- If "Yes" is marked, indicate the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- Not Applicable News release Zurich, Switzerland - November 28, 2007 - SCOR Holding (Switzerland) Ltd. informs about redemption of USD 200 Million Guaranteed Subordinated Notes and exemption from disclosure rules SCOR Holding (Switzerland) Ltd. informs that it has initiated the redemption of all of the outstanding Converium Finance S.A. 8.25% Guaranteed Subordinated Notes (the "Notes") due 2032, totalling USD 200,000,000 in aggregate principal amount. The redemption date is 24 December 2007. The Notes will be redeemed at a price of the aggregate principal amount plus an amount equal to the accrued interest payments to the redemption date. The CUSIP number for the Notes is 21248Y202. A Notice of Redemption has been distributed by The Bank of New York, the trustee for the Notes. SCOR Holding (Switzerland) Ltd., furthermore, informs that the Admission Board of the SWX Swiss Exchange decided on 23 November 2007, based upon article 76 of the Listing Rules, to grant SCOR Holding (Switzerland) Ltd. an exemption from the disclosure rules (ad-hoc disclosure, disclosure obligations according to Circular Nr. 1 Addendum 1 - participation rights, management transactions and accounting rules). The exemption was the result of a request of SCOR Holding (Switzerland) Ltd. and was made in conjunction with the pending cancellation action brought by SCOR SE before the Commercial Court of the Canton of Zurich (which is expected to be completed by the end of the 1st quarter 2008), with respect to the remaining shares of SCOR Holding (Switzerland) Ltd. not owned by the SCOR Group in accordance with article 33 of the Federal Act on Stock Exchanges and Securities Trading. This exemption is valid until 31 Mai 2008 and will fall away with immediate effect, should the pending action for cancellation of outstanding stock be withdrawn by SCOR SE or dismissed by the Commercial Court of the Canton of Zurich. Enquiries Communications Marco Circelli Phone: +41 44 639 90 22 Head of Investor Relations Fax: +41 44 639 70 22 marco.circelli@converium.com Phone: +41 44 639 91 31 Fax: +41 44 639 71 31 Inken Ehrich Investor Relations Specialist inken.ehrich@converium.com Phone: +41 44 639 90 94 Fax: +41 44 639 70 94 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SCOR Holding (Switzerland) Ltd. By: /s/ Benjamin Gentsch Name: Benjamin Gentsch Title: CEO By: /s/ Chris Wing Name: Chris Wing Title: CFO Date: 28 November 2007