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Pacific Life talks $300 million FA-backed notes at 55 bps area spread
By Devika Patel and Cristal Cody
Knoxville, Tenn., Sept. 14 – Pacific Life Global Funding II will offer $300 million of funding agreement-backed notes with talk in the Treasuries plus 55 basis points area, according to a market source.
Credit Suisse Securities (USA) LLC is the bookrunner.
Pacific Life Global Funding II is part of Newport Beach, Calif.-based insurance company Pacific Life Insurance Co.
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