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Prospect News home > News index > List of issuers P > Headlines for Penn Mutual Life Insurance Co. > News item
Published on 4/22/2021 in the Prospect News Investment Grade Daily.

Penn Mutual to sell $400 million 40-year notes guided at Treasuries plus 185 bps area

By Marisa Wong and Cristal Cody

Los Angeles, April 22 – Penn Mutual Life Insurance Co. will price $400 million of notes due April 29, 2061 in the Treasuries plus 185 basis points area, according to a market source.

J.P. Morgan Securities LLC is the bookrunner.

The life insurance company is based in Horsham, Pa.


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