
Admiral Group, founded in 1993 and headquartered in Cardiff, Wales, is a prominent insurance company focused on providing car insurance and other financial services to consumers in the UK and beyond. The company is known for its innovative policies and competitive pricing, allowing customers to tailor their insurance needs effectively.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ADMLN 8.50% 2034-01-06 GBPAdmiral Group | United Kingdom | 2034-01-06 | 8.500 | 6.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Admiral Group began issuing bonds in 2014, significantly increasing its funding flexibility and capital management strategy. Notable issuances have included a £300 million bond in 2017 that featured a 5-year maturity with a coupon rate of 1.875%, which was well received in the market. Current yields on Admiral's bonds remain competitive compared to the insurance industry, reflecting the company's strong financial positioning and credit quality. In recent news, Admiral successfully launched a green bond initiative, aligning its funding strategy with sustainable growth objectives.