Principal Financial Group, Inc. 5.5% 15-MAR-2053Principal Financial Group, Inc. 5.5% 15-MAR-2053Principal Financial Group, Inc. 5.5% 15-MAR-2053

Principal Financial Group, Inc. 5.5% 15-MAR-2053

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Key terms


Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.61%
Maturity date
Mar 15, 2053
Term to maturity
28 years

About Principal Financial Group, Inc. 5.5% 15-MAR-2053


Sector
Finance
Industry
Investment Managers
Home page
Issue date
Mar 8, 2023
FIGI
BBG01FRDVL15
Principal Financial Group, Inc. engages in the investment management offering business. It offers financial products and services to businesses, individuals, and institutional clients. It operates its business through the following segments: Retirement and Income Solutions, Principal Asset Management and Benefits and Protection. The Retirement and Income Solutions Segment offers a comprehensive portfolio of products and services for retirement savings along with select products for retirement income. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail and high net worth investors in the U.S. and select emerging markets. The Benefits and Protection segment includes selling individual life insurance products. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.
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