
Power Financial Corporation, founded in 1984 and headquartered in Montreal, Canada, is a prominent financial services holding company dedicated to providing a diverse range of financial products and services. The company primarily focuses on the insurance and investment sectors through its subsidiaries, most notably Great-West Lifeco and IGM Financial.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PWFCN 6.90% 2033-03-11 CADPower Financial Corporation | Canada | 2033-03-11 | 6.900 | 4.27 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Power Financial has a strong track record in the bond market, dating back to its first issuance in the late 1990s. Significant bond offerings include a recent $500 million green bond issued in 2022 focused on sustainable projects, reflecting the company’s commitment to environmental responsibility. Currently, Power Financial's bonds yield an attractive rate compared to industry benchmarks, with unique features such as callable options, making them an appealing choice for retail investors looking for stable returns amidst fluctuating market conditions.