
Five Corners Funding Trust II, established in 2020, is a funding trust based in the United States. The company specializes in the issuance of secured debt instruments, designed to provide capital solutions to diverse market participants.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PRU 2.85% 2030-05-15 USDFive Corners Funding Trust II | United States | 2030-05-15 | 2.850 | 4.27 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Five Corners Funding Trust II has issued several notable bond offerings, including a significant $250 million issuance in 2021, aimed at supporting sustainable infrastructure projects. As of 2023, the current yield on its bonds stands at 4.5%, competitive within the industry, reflecting investor confidence and a solid credit rating. The trust's bonds feature unique structures, allowing for both fixed and floating interest rates, appealing to a broad spectrum of retail investors.