Principal Life Global Funding I, established in 2001 and headquartered in Des Moines, Iowa, serves as a significant funding arm for Principal Financial Group, a leading financial services organization. The company focuses on issuing debt securities to finance various insurance products and other corporate purposes.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PFG 1.25% 2026-08-16 USDPrincipal Life Global Funding I | United States | 2026-08-16 | 1.250 | 4.04 |
| PFG 1.25% 2026-08-16 USDPrincipal Life Global Funding I | United States | 2026-08-16 | 1.250 | 3.92 |
| PFG 6.13% 2033-10-15 USDPrincipal Life Global Funding I | United States | 2033-10-15 | 6.125 | 5.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Principal Life Global Funding I has been a prominent player in the bond market, with a notable first issuance in 2002. The firm regularly issues bonds that are supported by a diverse portfolio of notes, including fixed-rate and floating-rate securities, structured to appeal to a wide range of institutional investors. As of late 2023, the company is noted for its competitive yields, which align favorably with industry benchmarks, and its commitment to transparency in bond offerings. Recent news highlighted a significant multi-tranche issuance in late 2022 that attracted strong demand, underscoring its robust market presence and investor confidence.