Farmers Insurance, founded in 1928 and headquartered in Los Angeles, California, is dedicated to providing comprehensive insurance solutions to customers across the United States. The company offers a wide range of products, including auto, home, and life insurance, aimed at helping individuals and families protect their assets and achieve peace of mind.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FARMER 4.75% 2057-11-01 USDFarmers Insurance | United States | 2057-11-01 | 4.747 | 7.06 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Farmers Insurance has a long history of bond issuances, with its first corporate bonds issued in the early 1990s. Notably, in 2020, the company issued $500 million in senior notes with a 3.25% yield, utilized to refinance existing debt and enhance liquidity amid the COVID-19 pandemic. Currently, its bond yields are competitive within the insurance sector, reflecting a solid credit rating and investor confidence. Recent news highlights their strategic focus on sustainability, with future bond issuances potentially tied to environmental initiatives.