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Prospect News home > News index > List of issuers P > Headlines for Principal Life Global Funding II > News item
Published on 8/10/2021 in the Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Principal Life sets talk for five-year FA-backed sustainability notes

By Marisa Wong

Los Angeles, Aug. 10 – Principal Life Global Funding II will offer funding agreement-backed sustainability notes due Aug. 16, 2026 with talk in the Treasuries plus 75 basis points area, according to a market source.

BofA Securities Inc., BNP Paribas Securities Corp. and HSBC Securities (USA) Inc. are the bookrunners.

Principal Life Global Funding II is a debt issuer arm of Principal Financial Group, Inc., a Des Moines-based retirement savings, investment and insurance products company.


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