By bne IntelliNews The European Bank for Reconstruction and Development (EBRD) announced on October 2 a €5mn investment in the debut debt capital market issuance of Slovenian reinsurance company, Pozavarovalnica Sava (Sava Re). This investment is into Sava Re’s euro-denominated subordinated bonds, with a total issuance amount of €50mn. The bonds carry a fixed annual interest rate of 5.20%, with payments made annually, and are aimed at well-informed investors outside the United States. The bonds will be listed on the Luxembourg Stock Exchange, marking the first-ever Tier 3 subordinated bond iss…