
Chesnara plc, founded in 2004 and headquartered in Chester, is a UK-based life insurance and pension company dedicated to providing financial security for its customers. The company focuses on managing and administering life, pension, and investment products, primarily through its subsidiaries.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CSNLN 4.75% 2032-08-04 GBPChesnara plc | United Kingdom | 2032-08-04 | 4.750 | 6.33 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Chesnara began issuing bonds in 2014 as part of its strategy to secure long-term financing for growth and acquisitions. A notable issuance was the £150 million bond in 2020, which aimed to enhance its financial stability amid changing market conditions. Currently, Chesnara's bonds yield around 3.5%, positioning them competitively against industry averages. The bonds feature a fixed coupon structure, appealing to investors seeking predictable income. Recent news highlighted the company's plan to utilize bond proceeds to further expand its product offerings and increase operational efficiency.