Genworth Holdings Inc, founded in 2004 and headquartered in Richmond, Virginia, is committed to providing financial security through its diverse range of insurance and financial solutions. The company primarily focuses on mortgage insurance, long-term care insurance, and other related products designed to help individuals manage risk and plan for the future.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GNW 6.50% 2034-06-15 USDGenworth Holdings Inc | United States | 2034-06-15 | 6.500 | 6.05 |
| GNW 6.61% 2066-11-15 USDGenworth Holdings Inc | United States | 2066-11-15 | 6.609 | 6.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Genworth has a notable history of bond issuances, having initiated its bond program shortly after its founding. In 2017, the company issued $400 million in 10-year senior notes, which garnered significant interest due to favorable market conditions at the time. Currently, Genworth’s bonds yield approximately 5.5%, which is competitive compared to the industry average. Notably, the company has utilized bond financing to support its strategic restructuring efforts, enhancing liquidity and positioning itself for future growth amid an evolving insurance landscape.