Provident Companies Inc, founded in 1999 and headquartered in Cincinnati, Ohio, is a leading provider of financial and insurance solutions designed to help individuals and families achieve financial security. The company specializes in life insurance products, annuities, and investment services aimed at creating comprehensive financial plans for its clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UNM 7.25% 2028-03-15 USDProvident Companies Inc | United States | 2028-03-15 | 7.250 | 4.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Provident Companies Inc first began issuing bonds in 2005, strategically leveraging its robust financial position to support growth initiatives. One notable issuance was the $250 million bond offering in 2018, which was utilized to finance expansions in its insurance product lines. Currently, the company’s bond yields are competitive, averaging around 3.75%, aligning closely with industry standards, while its bonds come with attractive features such as call provisions, offering investors flexibility. Recent news has highlighted Provident's emphasis on sustainability, leading to expectations of green bond offerings in the coming years.