
Abacus Life Inc, founded in 2019 and based in Orlando, Florida, is a financial services firm dedicated to life settlement transactions, providing innovative liquidity solutions for policyholders. The company specializes in purchasing life insurance policies, allowing sellers to receive immediate cash while enabling investors to benefit from life settlements as an alternative investment.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ABLLL 9.88% 2028-11-15 USDAbacus Life Inc | United States | 2028-11-15 | 9.875 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, Abacus Life has focused on bond issuances that complement its life settlement portfolio. The company first began issuing bonds in 2020, with its notable $50 million offering designed to finance life insurance policies, boasting a current yield of 6.5%, which is competitive within the alternative asset space. Additionally, the firm has recently announced a new issuance aimed at supporting its ongoing growth, highlighting its strategic focus on enhancing liquidity and expanding investor access to unique alternative investment opportunities.