
Meiji Yasuda Life 1st Subordinated Loan Securitization Co Ltd, established in Japan, serves as a key financial vehicle for its parent company, Meiji Yasuda Life Insurance Company. This entity specializes in issuing subordinated loans that are securitized to optimize capital structure while maximizing returns for investors.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MYLIFE 0.88% 2051-08-02 JPYMeiji Yasuda Life 1st Subordinated Loan Securitization Co Ltd | Japan | 2051-08-02 | 0.880 | 4.41 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company initially entered the bond market in 2010, with its debut issuance drawing significant interest for its innovative structure and competitive yields. Notably, its most substantial offering occurred in 2021, amounting to ¥100 billion, aimed at enhancing its capital base following a strategic corporate expansion. Currently, the company’s bonds yield around 3%, positioning them attractively within the life insurance industry, particularly in light of ongoing regulatory changes regarding capital requirements.