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Prospect News home > News index > List of issuers P > Headlines for Principal Financial Services, Inc. > News item
Published on 6/9/2020 in the Prospect News Investment Grade Daily.

Principal Financial plans to price guaranteed senior notes due 2030

By Marisa Wong

Los Angeles, June 9 – Principal Financial Group, Inc. plans to issue senior notes due 2030 (Baa1/A-/A-) guaranteed by Principal Financial Services, Inc., according to a 424B5 filing with the Securities and Exchange Commission.

Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC are the joint bookrunners.

Proceeds will be used for general corporate purposes.

The investment management company is based in Des Moines.


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