
Pacific Life Funding, LLC, founded in 1995 and located in Newport Beach, California, serves as a crucial financing arm within the Pacific Life Insurance Company, which is headquartered in Omaha, Nebraska. The company primarily focuses on providing innovative funding solutions through its issuance of bonds, thereby supporting the broader investment strategies of Pacific Life Insurance.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PACLIF 6.60% 2033-09-15 USDPacific Life Funding, LLC | Cayman Islands | 2033-09-15 | 6.600 | 4.99 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Over the years, Pacific Life Funding has established a robust bond issuance program, initially launching in 1996. Noteworthy issuances include a 2010 $1.1 billion bond offering which was pivotal for corporate liquidity enhancements. As of October 2023, the company's bonds are yielding competitive returns, with current yields surpassing those of many comparable issuers in the market. The company's bonds often feature unique callable options, giving it flexibility in management and appealing to diverse investor preferences.