LEGAL & GENERAL GROUP 5.55%-FRN LT2 24/04/52LEGAL & GENERAL GROUP 5.55%-FRN LT2 24/04/52LEGAL & GENERAL GROUP 5.55%-FRN LT2 24/04/52

LEGAL & GENERAL GROUP 5.55%-FRN LT2 24/04/52

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67DB analysis



Key facts


Issue date
Apr 24, 2017
Maturity date
Apr 24, 2052
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
5.55% (Variable)
Legal & General Group Plc engages in the provision of risk, savings, and investment management products and services. It operates through the following segments: Legal and General Retirement Institutional (LGRI); Legal and General Capital (LGC); Legal and General Investment Management (LGIM); Retail Retirement; and Insurance. The LGRI segment is involved in pension risk transfer business including longevity insurance. The LGC segment includes shareholder assets invested in direct investments primarily in the areas of specialist commercial real estate, clean energy, housing, and SME finance, as well as traded and treasury assets. The LGIM segment offers institutional and retail investment management. The Retail Retirement segment provides retail annuity and drawdown products, workplace savings, and lifetime mortgage loans. The Insurance segment focuses on the United Kingdom protection and Fintech business, as well as the United States retail protection business. The company was founded on September 19, 1836 and is headquartered in London, the United Kingdom.
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